Independent Financial Group LLC Buys New Holdings in PGIM Ultra Short Bond ETF $PULS

Independent Financial Group LLC purchased a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,879 shares of the company’s stock, valued at approximately $935,000.

Several other large investors have also made changes to their positions in PULS. Anchor Investment Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter valued at about $25,000. Sound Income Strategies LLC boosted its position in PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after purchasing an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $32,000. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.63 on Tuesday. The firm has a fifty day moving average price of $49.63 and a 200 day moving average price of $49.65. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The stock has a market cap of $17.39 billion, a P/E ratio of -23.86 and a beta of 0.02.

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