Tripletail Wealth Management LLC Acquires Shares of 25,609 PGIM Ultra Short Bond ETF $PULS

Tripletail Wealth Management LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,609 shares of the company’s stock, valued at approximately $1,272,000. PGIM Ultra Short Bond ETF comprises 1.9% of Tripletail Wealth Management LLC’s portfolio, making the stock its 11th largest holding.

Other hedge funds also recently made changes to their positions in the company. Spire Wealth Management purchased a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID acquired a new position in shares of PGIM Ultra Short Bond ETF during the 2nd quarter worth $44,000. US Bancorp DE acquired a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter valued at approximately $60,000. Thurston Springer Miller Herd & Titak Inc. increased its position in PGIM Ultra Short Bond ETF by 50.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock worth $135,000 after buying an additional 911 shares in the last quarter. Finally, Vestor Capital LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter worth about $184,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.66 on Tuesday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of -23.88 and a beta of 0.01. The company’s 50 day simple moving average is $49.72 and its 200 day simple moving average is $49.71.

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.