Evergreen Wealth Partners LLC Makes New $3.41 Million Investment in PGIM Ultra Short Bond ETF $PULS

Evergreen Wealth Partners LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 68,751 shares of the company’s stock, valued at approximately $3,409,000. PGIM Ultra Short Bond ETF makes up about 2.9% of Evergreen Wealth Partners LLC’s investment portfolio, making the stock its 6th biggest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Spinnaker Investment Group LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 3.6% during the fourth quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock valued at $286,000 after purchasing an additional 202 shares during the last quarter. JT Stratford LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 2.3% during the third quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock valued at $501,000 after purchasing an additional 222 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% during the second quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock valued at $898,000 after purchasing an additional 361 shares during the last quarter. Financial Engines Advisors L.L.C. grew its holdings in shares of PGIM Ultra Short Bond ETF by 3.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 12,489 shares of the company’s stock valued at $622,000 after purchasing an additional 396 shares during the last quarter. Finally, WBI Investments LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 12.5% during the third quarter. WBI Investments LLC now owns 4,541 shares of the company’s stock valued at $226,000 after purchasing an additional 506 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.63 on Friday. The firm has a market capitalization of $14.56 billion, a PE ratio of -23.86 and a beta of 0.02. The stock has a 50 day moving average of $49.62 and a 200-day moving average of $49.68. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

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.