469,386 Shares in PGIM Ultra Short Bond ETF $PULS Acquired by Peak Planning Group LLC

Peak Planning Group LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 469,386 shares of the company’s stock, valued at approximately $23,277,000. PGIM Ultra Short Bond ETF accounts for approximately 6.5% of Peak Planning Group LLC’s investment portfolio, making the stock its 5th largest position. Peak Planning Group LLC owned approximately 0.17% of PGIM Ultra Short Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PULS. Spinnaker Investment Group LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 3.6% during the 4th quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock worth $286,000 after purchasing an additional 202 shares during the last quarter. JT Stratford LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 2.3% during the 3rd quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock worth $501,000 after purchasing an additional 222 shares during the last quarter. Captrust Financial Advisors lifted its position in shares of PGIM Ultra Short Bond ETF by 2.0% during the 2nd quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock worth $898,000 after purchasing an additional 361 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 9.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock worth $208,000 after purchasing an additional 361 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its position in shares of PGIM Ultra Short Bond ETF by 3.3% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 12,489 shares of the company’s stock worth $622,000 after purchasing an additional 396 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PGIM Ultra Short Bond ETF stock opened at $49.64 on Friday. The stock has a market cap of $16.45 billion, a P/E ratio of -23.87 and a beta of 0.02. The company has a fifty day simple moving average of $49.62 and a 200-day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84.

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.