IRON Financial LLC Takes $1.93 Million Position in PGIM Ultra Short Bond ETF $PULS

IRON Financial LLC bought a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 38,622 shares of the company’s stock, valued at approximately $1,925,000. PGIM Ultra Short Bond ETF comprises approximately 0.9% of IRON Financial LLC’s investment portfolio, making the stock its 25th biggest holding.

Other large investors also recently made changes to their positions in the company. Spire Wealth Management bought a new position in shares of PGIM Ultra Short Bond ETF in the second quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter valued at $44,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 50.8% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock worth $135,000 after buying an additional 911 shares during the period. Vestor Capital LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at $184,000. Finally, KPP Advisory Services LLC purchased a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.66 on Friday. The company has a market capitalization of $13.33 billion, a PE ratio of -23.88 and a beta of 0.01. The business has a 50-day moving average of $49.70 and a 200-day moving average of $49.71. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 and a fifty-two week high of $49.84.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.