Kingsview Wealth Management LLC Acquires 29,120 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Kingsview Wealth Management LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 48.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 88,802 shares of the company’s stock after buying an additional 29,120 shares during the quarter. Kingsview Wealth Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,416,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cullen Frost Bankers Inc. grew its stake in PGIM Ultra Short Bond ETF by 97.3% in the first quarter. Cullen Frost Bankers Inc. now owns 3,650 shares of the company’s stock worth $182,000 after purchasing an additional 1,800 shares during the period. Larson Financial Group LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 1,663.9% during the 1st quarter. Larson Financial Group LLC now owns 1,076 shares of the company’s stock valued at $54,000 after buying an additional 1,015 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of PGIM Ultra Short Bond ETF by 52.7% in the 1st quarter. Wealthfront Advisers LLC now owns 52,333 shares of the company’s stock worth $2,603,000 after buying an additional 18,066 shares during the period. Prevail Innovative Wealth Advisors LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 40.3% in the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 32,103 shares of the company’s stock worth $1,596,000 after acquiring an additional 9,216 shares in the last quarter. Finally, Sigma Planning Corp lifted its position in PGIM Ultra Short Bond ETF by 28.1% during the 1st quarter. Sigma Planning Corp now owns 112,460 shares of the company’s stock valued at $5,593,000 after acquiring an additional 24,644 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.70 on Friday. The firm has a market cap of $11.83 billion, a PE ratio of -23.89 and a beta of 0.04. The stock has a 50-day moving average price of $49.65 and a 200-day moving average price of $49.62. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.81.

PGIM Ultra Short Bond ETF 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.