Osaic Holdings Inc. Increases Stock Position in PGIM Ultra Short Bond ETF $PULS

Osaic Holdings Inc. boosted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,234,194 shares of the company’s stock after purchasing an additional 53,845 shares during the period. Osaic Holdings Inc. owned approximately 0.52% of PGIM Ultra Short Bond ETF worth $61,416,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PULS. Spire Wealth Management purchased a new position in PGIM Ultra Short Bond ETF in the 2nd quarter valued at about $31,000. Legacy Wealth Managment LLC ID acquired a new position in PGIM Ultra Short Bond ETF during the 2nd quarter worth $44,000. US Bancorp DE bought a new stake in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth about $60,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 50.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after purchasing an additional 911 shares in the last quarter. Finally, Vestor Capital LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the second quarter worth about $184,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.71 on Tuesday. The company has a market capitalization of $13.25 billion, a price-to-earnings ratio of -23.90 and a beta of 0.01. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The stock has a 50-day simple moving average of $49.72 and a 200 day simple moving average of $49.70.

About PGIM Ultra Short Bond ETF

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.