18,124 Shares of PGIM Ultra Short Bond ETF $PULS Bought by Founders Financial Securities LLC

Founders Financial Securities LLC purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,124 shares of the company’s stock, valued at approximately $896,000.

Other hedge funds also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in shares of PGIM Ultra Short Bond ETF by 56.7% in the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock valued at $234,585,000 after buying an additional 1,715,376 shares during the period. Kensington Asset Management LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 103.2% during the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after buying an additional 1,638,630 shares during the period. Financial Management Professionals Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth $50,482,000. PNC Financial Services Group Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 22.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock worth $244,513,000 after buying an additional 918,258 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 56.8% during the 2nd quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock worth $101,561,000 after acquiring an additional 742,333 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.48 on Friday. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83. The company has a market cap of $19.76 billion, a P/E ratio of -23.79 and a beta of 0.02. The business’s 50-day simple moving average is $49.58 and its 200-day simple moving average is $49.63.

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.