Global Retirement Partners LLC Acquires 21,507 Shares of PGIM Ultra Short Bond ETF $PULS

Global Retirement Partners LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.7% in the 4th quarter, Holdings Channel reports. The firm owned 190,898 shares of the company’s stock after buying an additional 21,507 shares during the period. Global Retirement Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $9,467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 19.6% during the third 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. Seed Wealth Management Inc. increased its holdings in shares of PGIM Ultra Short Bond ETF by 297.1% during the fourth quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after buying an additional 74,905 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 6.2% during the third quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock worth $28,738,000 after buying an additional 33,902 shares in the last quarter. BlueStem Wealth Partners LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 19.5% during the third quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock worth $5,271,000 after buying an additional 17,289 shares in the last quarter. Finally, Embree Financial Group increased its holdings in shares of PGIM Ultra Short Bond ETF by 85.1% during the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock worth $21,923,000 after buying an additional 203,209 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.67 on Thursday. The company has a fifty day moving average of $49.62 and a 200-day moving average of $49.67. The company has a market capitalization of $14.57 billion, a PE ratio of -23.88 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-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.