Intelligence Driven Advisers LLC Acquires 12,941 Shares of PGIM Ultra Short Bond ETF $PULS

Intelligence Driven Advisers LLC increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 62.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,748 shares of the company’s stock after acquiring an additional 12,941 shares during the period. Intelligence Driven Advisers LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,669,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PULS. Anchor Investment Management LLC acquired a new position in PGIM Ultra Short Bond ETF in the first quarter worth $25,000. Flagship Wealth Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF during the 1st quarter worth about $25,000. TOP Private Wealth LLC. bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter worth about $48,000. NBH Bank acquired a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at about $53,000. Finally, Blue Trust Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 61.9% in the first quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock worth $80,000 after acquiring an additional 620 shares during the last quarter. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Trading Up 0.1%

Shares of PULS traded up $0.03 during mid-day trading on Friday, hitting $49.52. 1,320,546 shares of the company traded hands, compared to its average volume of 2,857,987. The stock has a market capitalization of $19.52 billion, a price-to-earnings ratio of -23.81 and a beta of 0.02. The business has a 50-day moving average of $49.59 and a 200 day moving average of $49.61. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83.

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.