BOS Asset Management LLC Boosts Stock Position in PGIM Ultra Short Bond ETF $PULS

BOS Asset Management LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 476,689 shares of the company’s stock after purchasing an additional 104,288 shares during the quarter. PGIM Ultra Short Bond ETF makes up 5.4% of BOS Asset Management LLC’s holdings, making the stock its 2nd biggest position. BOS Asset Management LLC owned about 0.12% of PGIM Ultra Short Bond ETF worth $23,577,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PULS. First Heartland Consultants Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at $2,049,000. Farther Finance Advisors LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 35.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 262,643 shares of the company’s stock worth $12,990,000 after buying an additional 68,784 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 20.6% during the 3rd quarter. CoreCap Advisors LLC now owns 10,845 shares of the company’s stock worth $536,000 after buying an additional 1,852 shares during the period. Avidian Wealth Enterprises LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 168.0% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 62,448 shares of the company’s stock worth $3,089,000 after buying an additional 39,150 shares during the period. Finally, Valeo Financial Advisors LLC grew its stake in PGIM Ultra Short Bond ETF by 35.4% in the 3rd quarter. Valeo Financial Advisors LLC now owns 914,811 shares of the company’s stock valued at $45,247,000 after buying an additional 239,190 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock traded up $0.03 during trading hours on Friday, hitting $49.52. The company had a trading volume of 1,284,320 shares, compared to its average volume of 2,857,987. The firm has a market cap of $19.52 billion, a PE ratio of -23.81 and a beta of 0.02. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83. The firm has a 50-day moving average of $49.59 and a 200 day moving average of $49.61.

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.