Wealthcare Advisory Partners LLC Has $5 Million Position in PGIM Ultra Short Bond ETF $PULS

Wealthcare Advisory Partners LLC lessened its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 74.6% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 100,879 shares of the company’s stock after selling 295,807 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,999,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PULS. Focus Partners Wealth boosted its holdings in shares of PGIM Ultra Short Bond ETF by 318.3% during the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after acquiring an additional 17,394 shares during the period. Flow Traders U.S. LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the second quarter worth approximately $330,000. Cerity Partners LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter worth approximately $273,000. Betterment LLC lifted its holdings in PGIM Ultra Short Bond ETF by 5.2% during the 2nd quarter. Betterment LLC now owns 32,714 shares of the company’s stock worth $1,628,000 after purchasing an additional 1,628 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its stake in PGIM Ultra Short Bond ETF by 6.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock valued at $2,748,000 after purchasing an additional 3,157 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.60 on Wednesday. The business has a fifty day simple moving average of $49.62 and a 200 day simple moving average of $49.64. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The company has a market capitalization of $17.38 billion, a PE ratio of -23.85 and a beta of 0.02.

PGIM Ultra Short Bond ETF Company Profile

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation. PULS was launched on Apr 5, 2018 and is managed by PGIM.