Visionary Horizons LLC Acquires 16,693 Shares of PGIM Ultra Short Bond ETF $PULS

Visionary Horizons LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,693 shares of the company’s stock, valued at approximately $826,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PULS. BOS Asset Management LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 28.0% during the 3rd quarter. BOS Asset Management LLC now owns 476,689 shares of the company’s stock worth $23,577,000 after purchasing an additional 104,288 shares during the last quarter. Macco Financial Group Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter worth about $1,244,000. Valmark Advisers Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 47.7% during the first quarter. Valmark Advisers Inc. now owns 69,201 shares of the company’s stock worth $3,425,000 after buying an additional 22,350 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of PGIM Ultra Short Bond ETF by 111.7% in the second quarter. Integrated Wealth Concepts LLC now owns 95,645 shares of the company’s stock valued at $4,739,000 after buying an additional 50,456 shares during the last quarter. Finally, World Investment Advisors raised its position in shares of PGIM Ultra Short Bond ETF by 658.6% in the first quarter. World Investment Advisors now owns 43,527 shares of the company’s stock valued at $2,155,000 after buying an additional 37,789 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.59 on Friday. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of -23.84 and a beta of 0.02. The company’s 50 day simple moving average is $49.58 and its 200 day simple moving average is $49.61. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.83.

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.