PGIM Ultra Short Bond ETF $PULS Shares Purchased by MBM Wealth Consultants LLC

MBM Wealth Consultants LLC lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 610,136 shares of the company’s stock after buying an additional 39,292 shares during the period. PGIM Ultra Short Bond ETF comprises 5.5% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 5th largest position. MBM Wealth Consultants LLC owned 0.15% of PGIM Ultra Short Bond ETF worth $30,177,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Anchor Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the 1st quarter valued at $25,000. Flagship Wealth Advisors LLC purchased a new position in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $25,000. TOP Private Wealth LLC. bought a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at about $48,000. NBH Bank bought a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter worth about $53,000. Finally, Blue Trust Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 61.9% in the first quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock worth $80,000 after purchasing an additional 620 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS traded down $0.01 during midday trading on Tuesday, reaching $49.56. 1,316,480 shares of the company’s stock traded hands, compared to its average volume of 2,873,866. PGIM Ultra Short Bond ETF has a 52 week low of $49.45 and a 52 week high of $49.83. The firm has a fifty day moving average of $49.58 and a two-hundred day moving average of $49.61. The stock has a market capitalization of $19.72 billion, a price-to-earnings ratio of -23.83 and a beta of 0.02.

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.