BankPlus Wealth Management LLC Raises Stock Position in PGIM Ultra Short Bond ETF $PULS

BankPlus Wealth Management LLC grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,692 shares of the company’s stock after acquiring an additional 381 shares during the period. BankPlus Wealth Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $233,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PULS. Larson Financial Group LLC increased its holdings in PGIM Ultra Short Bond ETF by 1,663.9% during the 1st quarter. Larson Financial Group LLC now owns 1,076 shares of the company’s stock worth $54,000 after purchasing an additional 1,015 shares during the period. Transce3nd LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the first quarter valued at $57,000. US Bancorp DE bought a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $60,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in PGIM Ultra Short Bond ETF by 41.8% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,794 shares of the company’s stock worth $89,000 after acquiring an additional 529 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its holdings in PGIM Ultra Short Bond ETF by 226.3% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 2,689 shares of the company’s stock worth $134,000 after acquiring an additional 1,865 shares in the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.78 on Friday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.83. The firm has a market cap of $12.56 billion, a P/E ratio of -23.93 and a beta of 0.04. The firm has a 50-day simple moving average of $49.73 and a 200-day simple moving average of $49.65.

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.