Prudential Financial Inc. Raises Stock Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Prudential Financial Inc. lifted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 51.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,115,385 shares of the company’s stock after acquiring an additional 7,560,005 shares during the quarter. PGIM Ultra Short Bond ETF makes up approximately 1.5% of Prudential Financial Inc.’s investment portfolio, making the stock its 9th largest position. Prudential Financial Inc. owned approximately 16.11% of PGIM Ultra Short Bond ETF worth $1,095,927,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. GPS Wealth Strategies Group LLC increased its position in shares of PGIM Ultra Short Bond ETF by 39.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock worth $41,000 after purchasing an additional 232 shares during the last quarter. Blue Trust Inc. acquired a new position in PGIM Ultra Short Bond ETF during the fourth quarter worth $46,000. Kestra Investment Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the fourth quarter worth $50,000. Bank of Jackson Hole Trust acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 89.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $63,000 after purchasing an additional 596 shares during the period.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

PULS opened at $49.66 on Monday. The business has a 50 day moving average of $49.66 and a 200-day moving average of $49.67. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

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.