PGIM Ultra Short Bond ETF $PULS Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.6% during the third quarter, Holdings Channel reports. The fund owned 411,684 shares of the company’s stock after buying an additional 18,264 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $20,362,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PULS. PNC Financial Services Group Inc. boosted its stake in PGIM Ultra Short Bond ETF by 22.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after acquiring an additional 918,258 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of PGIM Ultra Short Bond ETF by 56.7% in the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock valued at $234,585,000 after acquiring an additional 1,715,376 shares during the last quarter. Kensington Asset Management LLC lifted its holdings in PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock valued at $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. Royal Bank of Canada boosted its position in shares of PGIM Ultra Short Bond ETF by 2.5% during the 1st quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after purchasing an additional 59,415 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $107,873,000. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.50 on Friday. The company has a market capitalization of $19.65 billion, a price-to-earnings ratio of -23.80 and a beta of 0.02. The firm’s 50-day moving average price is $49.56 and its two-hundred day moving average price is $49.62. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.82.

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.