10,271 PGIM Ultra Short Bond ETF $PULS Shares Purchased by Shore Point Advisors LLC

Shore Point Advisors LLC raised its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 252,696 shares of the company’s stock after buying an additional 10,271 shares during the period. PGIM Ultra Short Bond ETF accounts for about 3.2% of Shore Point Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Shore Point Advisors LLC owned 0.06% of PGIM Ultra Short Bond ETF worth $12,364,000 at the end of the most recent reporting period.

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

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS traded up $0.01 on Wednesday, hitting $49.53. The company’s stock had a trading volume of 1,591,222 shares, compared to its average volume of 2,869,922. The company has a market capitalization of $19.65 billion, a PE ratio of -23.81 and a beta of 0.02. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.45 and a fifty-two week high of $49.83. The company has a 50 day moving average price of $49.59 and a 200 day moving average price 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.