239,190 PGIM Ultra Short Bond ETF $PULS Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 35.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 914,811 shares of the company’s stock after buying an additional 239,190 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 1.0% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 21st largest holding. Valeo Financial Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $45,247,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. PNC Financial Services Group Inc. lifted its stake in PGIM Ultra Short Bond ETF by 22.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock worth $244,513,000 after acquiring an additional 918,258 shares during the period. Cetera Investment Advisers increased its position in PGIM Ultra Short Bond ETF by 56.7% during the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock valued at $234,585,000 after purchasing an additional 1,715,376 shares during the period. Kensington Asset Management LLC raised its holdings in PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. Royal Bank of Canada raised its holdings in PGIM Ultra Short Bond ETF by 2.5% in the 1st quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after purchasing an additional 59,415 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 56.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock worth $101,561,000 after purchasing an additional 742,333 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Down 0.0%

Shares of PULS traded down $0.01 during trading hours on Thursday, reaching $49.51. 1,648,238 shares of the company traded hands, compared to its average volume of 2,859,122. PGIM Ultra Short Bond ETF has a 12 month low of $49.45 and a 12 month high of $49.83. The company’s fifty day moving average price is $49.59 and its two-hundred day moving average price is $49.61. The company has a market capitalization of $19.51 billion, a price-to-earnings ratio of -23.80 and a beta of 0.02.

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.