Financial Consulate Inc. Takes Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Financial Consulate Inc. purchased a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 117,654 shares of the company’s stock, valued at approximately $5,830,000. PGIM Ultra Short Bond ETF comprises approximately 1.5% of Financial Consulate Inc.’s holdings, making the stock its 12th largest position.

A number of other institutional investors have also recently made changes to their positions in PULS. JPMorgan Chase & Co. boosted its holdings in PGIM Ultra Short Bond ETF by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock worth $1,259,904,000 after acquiring an additional 989,710 shares in the last quarter. LPL Financial LLC boosted its holdings in PGIM Ultra Short Bond ETF by 0.9% in the third quarter. LPL Financial LLC now owns 6,156,917 shares of the company’s stock worth $306,491,000 after acquiring an additional 56,803 shares in the last quarter. Crane Advisory LLC boosted its holdings in PGIM Ultra Short Bond ETF by 28.0% in the fourth quarter. Crane Advisory LLC now owns 1,802,695 shares of the company’s stock worth $89,378,000 after acquiring an additional 393,901 shares in the last quarter. Raymond James & Associates boosted its holdings in PGIM Ultra Short Bond ETF by 12.7% in the third quarter. Raymond James & Associates now owns 1,118,594 shares of the company’s stock worth $55,684,000 after acquiring an additional 125,616 shares in the last quarter. Finally, Temasek Holdings Private Ltd bought a new position in PGIM Ultra Short Bond ETF in the third quarter worth approximately $50,039,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.67 on Wednesday. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.81. The business has a 50 day moving average price of $49.66 and a 200-day moving average price 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.