MML Investors Services LLC Raises Stock Holdings in PGIM Ultra Short Bond ETF $PULS

MML Investors Services LLC boosted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 735,815 shares of the company’s stock after buying an additional 103,830 shares during the period. MML Investors Services LLC owned approximately 0.27% of PGIM Ultra Short Bond ETF worth $36,489,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PULS. Focus Partners Wealth raised its holdings in PGIM Ultra Short Bond ETF by 318.3% during the 1st quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock valued at $1,137,000 after buying an additional 17,394 shares during the period. Flow Traders U.S. LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $330,000. Cerity Partners LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $273,000. Betterment LLC raised its holdings in PGIM Ultra Short Bond ETF by 5.2% during the 2nd quarter. Betterment LLC now owns 32,714 shares of the company’s stock valued at $1,628,000 after buying an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC raised its holdings in PGIM Ultra Short Bond ETF by 6.1% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock valued at $2,748,000 after buying an additional 3,157 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.64 on Tuesday. The stock’s fifty day moving average is $49.63 and its 200 day moving average is $49.66. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84. The firm has a market capitalization of $17.10 billion, a PE ratio of -23.87 and a beta of 0.02.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.