First Heartland Consultants Inc. Purchases 10,142 Shares of PGIM Ultra Short Bond ETF $PULS

First Heartland Consultants Inc. lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 46.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 32,193 shares of the company’s stock after acquiring an additional 10,142 shares during the period. First Heartland Consultants Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $1,596,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in PGIM Ultra Short Bond ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock worth $1,882,557,000 after purchasing an additional 4,065,547 shares in the last quarter. Bank of America Corp DE boosted its holdings in PGIM Ultra Short Bond ETF by 17.8% in the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after purchasing an additional 1,647,341 shares during the period. Ameriprise Financial Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 1,051.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after purchasing an additional 942,934 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of PGIM Ultra Short Bond ETF by 269.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 936,430 shares of the company’s stock worth $46,597,000 after purchasing an additional 682,812 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of PGIM Ultra Short Bond ETF by 39.8% during the third quarter. Jones Financial Companies Lllp now owns 2,163,891 shares of the company’s stock worth $107,762,000 after purchasing an additional 615,683 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA PULS opened at $49.64 on Tuesday. The company has a market cap of $14.38 billion, a price-to-earnings ratio of -23.87 and a beta of 0.01. The company has a 50 day moving average of $49.69 and a 200-day moving average of $49.71. 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 Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1654 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, March 2nd. PGIM Ultra Short Bond ETF’s dividend payout ratio (DPR) is -112.02%.

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.