PGIM Ultra Short Bond ETF $PULS Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC boosted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 13.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 587,568 shares of the company’s stock after purchasing an additional 68,144 shares during the quarter. Private Advisor Group LLC owned approximately 0.23% of PGIM Ultra Short Bond ETF worth $29,279,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PULS. Diversify Advisory Services LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 19.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock worth $7,595,000 after buying an additional 25,105 shares in the last quarter. Prevail Innovative Wealth Advisors LLC grew its stake in PGIM Ultra Short Bond ETF by 46.2% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 53,265 shares of the company’s stock valued at $2,654,000 after acquiring an additional 16,844 shares during the last quarter. Per Stirling Capital Management LLC. grew its stake in PGIM Ultra Short Bond ETF by 59.0% in the 3rd quarter. Per Stirling Capital Management LLC. now owns 8,019 shares of the company’s stock valued at $400,000 after acquiring an additional 2,977 shares during the last quarter. Aptus Capital Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF by 6.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock valued at $28,738,000 after acquiring an additional 33,902 shares in the last quarter. Finally, Perennial Investment Advisors LLC purchased a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $221,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Down 0.0%

Shares of PULS opened at $49.61 on Tuesday. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84. The stock has a market cap of $14.22 billion, a P/E ratio of -23.85 and a beta of 0.01. The company has a 50-day moving average of $49.69 and a two-hundred day moving average of $49.72.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1654 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, March 2nd. PGIM Ultra Short Bond ETF’s payout ratio is currently -112.02%.

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.