PNC Financial Services Group Inc. Raises Stock Holdings in PGIM Ultra Short Bond ETF $PULS

PNC Financial Services Group Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,021,393 shares of the company’s stock after purchasing an additional 221,413 shares during the quarter. PNC Financial Services Group Inc. owned 1.50% of PGIM Ultra Short Bond ETF worth $199,421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Seed Wealth Management Inc. grew 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 purchasing an additional 74,905 shares in the last quarter. Diversify Advisory Services LLC grew 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 purchasing an additional 25,105 shares in the last quarter. Aptus Capital Advisors LLC grew 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 purchasing an additional 33,902 shares in the last quarter. BlueStem Wealth Partners LLC grew 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 purchasing an additional 17,289 shares in the last quarter. Finally, Embree Financial Group grew 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 purchasing an additional 203,209 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.1%

Shares of NYSEARCA PULS opened at $49.67 on Thursday. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The firm has a market capitalization of $14.57 billion, a price-to-earnings ratio of -23.88 and a beta of 0.02. The business has a 50-day moving average of $49.62 and a 200-day moving average of $49.67.

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.