Caliber Wealth Management LLC KS Grows Stake in PGIM Ultra Short Bond ETF $PULS

Caliber Wealth Management LLC KS lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 30.1% in the 1st quarter, HoldingsChannel reports. The firm owned 304,457 shares of the company’s stock after buying an additional 70,398 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 1.6% of Caliber Wealth Management LLC KS’s portfolio, making the stock its 13th biggest position. Caliber Wealth Management LLC KS’s holdings in PGIM Ultra Short Bond ETF were worth $15,071,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PULS. Sound Income Strategies LLC lifted its stake in PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after purchasing an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. purchased a new stake in PGIM Ultra Short Bond ETF in the third quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 394.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after buying an additional 513 shares during the period. Kingdom Financial Group LLC. bought a new stake in shares of PGIM Ultra Short Bond ETF in the fourth quarter valued at $32,000. Finally, Blue Trust Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 100,000.0% during the 4th quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock valued at $50,000 after buying an additional 1,000 shares during the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.71 on Tuesday. The company has a market capitalization of $17.39 billion, a price-to-earnings ratio of -23.90 and a beta of 0.02. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84. The stock has a fifty day moving average of $49.64 and a 200-day moving average of $49.66.

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.