Impact Partnership Wealth LLC Boosts Stock Position in PGIM Ultra Short Bond ETF $PULS

Impact Partnership Wealth LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 119.4% during the third quarter, Holdings Channel reports. The firm owned 28,330 shares of the company’s stock after acquiring an additional 15,417 shares during the quarter. Impact Partnership Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,412,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of PULS. Spire Wealth Management purchased a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID bought a new stake in PGIM Ultra Short Bond ETF in the second quarter valued at $44,000. Pinnacle Bancorp Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 102.2% in the third quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock valued at $54,000 after acquiring an additional 551 shares in the last quarter. Root Financial Partners LLC purchased a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at $72,000. Finally, TD Waterhouse Canada Inc. bought a new position in PGIM Ultra Short Bond ETF in the 3rd quarter worth $133,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of PULS opened at $49.78 on Friday. The firm’s 50-day moving average price is $49.71 and its 200-day moving average price is $49.72. The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of -23.93 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 1-year low of $49.34 and a 1-year high of $49.84.

PGIM Ultra Short Bond ETF 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.