Persium Advisors LLC Acquires New Shares in PGIM Ultra Short Bond ETF $PULS

Persium Advisors LLC bought a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the third quarter, HoldingsChannel reports. The fund bought 618,064 shares of the company’s stock, valued at approximately $30,569,000. PGIM Ultra Short Bond ETF makes up approximately 15.5% of Persium Advisors LLC’s portfolio, making the stock its 2nd biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of PULS. Anchor Investment Management LLC boosted its position in PGIM Ultra Short Bond ETF by 49.6% during the second quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock valued at $37,000 after purchasing an additional 249 shares during the last quarter. PVG Asset Management Corp lifted its holdings in shares of PGIM Ultra Short Bond ETF by 5.7% during the 2nd quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock valued at $276,000 after buying an additional 302 shares during the last quarter. Friedenthal Financial lifted its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% during the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock valued at $943,000 after buying an additional 377 shares during the last quarter. KPP Advisory Services LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 10.3% in the 1st quarter. KPP Advisory Services LLC now owns 5,350 shares of the company’s stock valued at $265,000 after buying an additional 500 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its holdings in PGIM Ultra Short Bond ETF by 8.2% in the second quarter. Legacy Wealth Managment LLC ID now owns 6,726 shares of the company’s stock worth $333,000 after buying an additional 508 shares during the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS traded up $0.02 during midday trading on Wednesday, hitting $49.51. 2,643,032 shares of the company’s stock traded hands, compared to its average volume of 2,866,415. The company has a market cap of $19.51 billion, a PE ratio of -23.80 and a beta of 0.02. The stock’s fifty day simple moving average is $49.60 and its 200-day simple moving average is $49.61. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83.

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.