AMJ Financial Wealth Management Sells 13,460 Shares of PGIM Ultra Short Bond ETF $PULS

AMJ Financial Wealth Management reduced its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 514,011 shares of the company’s stock after selling 13,460 shares during the period. PGIM Ultra Short Bond ETF accounts for about 6.0% of AMJ Financial Wealth Management’s portfolio, making the stock its largest holding. AMJ Financial Wealth Management’s holdings in PGIM Ultra Short Bond ETF were worth $25,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in PULS. Focus Partners Wealth raised its position in shares of PGIM Ultra Short Bond ETF by 318.3% during the 1st quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock valued at $1,137,000 after buying an additional 17,394 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter worth $330,000. Cerity Partners LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter worth $273,000. Betterment LLC increased its position in shares of PGIM Ultra Short Bond ETF by 5.2% during the second quarter. Betterment LLC now owns 32,714 shares of the company’s stock worth $1,628,000 after acquiring an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF by 6.1% during the second quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock worth $2,748,000 after acquiring an additional 3,157 shares during the period. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.63 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The stock’s fifty day simple moving average is $49.62 and its 200-day simple moving average is $49.68. The firm has a market capitalization of $14.56 billion, a P/E ratio of -23.86 and a beta of 0.02.

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