Everhart Financial Group Inc. Invests $641,000 in PGIM Ultra Short Bond ETF $PULS

Everhart Financial Group Inc. purchased a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,867 shares of the company’s stock, valued at approximately $641,000.

Other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth boosted its holdings in shares of PGIM Ultra Short Bond ETF by 318.3% in the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after buying an additional 17,394 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 9.3% during the second quarter. Janney Montgomery Scott LLC now owns 145,276 shares of the company’s stock valued at $7,229,000 after acquiring an additional 12,353 shares during the period. Truist Financial Corp lifted its position in shares of PGIM Ultra Short Bond ETF by 1.5% in the 2nd quarter. Truist Financial Corp now owns 147,721 shares of the company’s stock valued at $7,351,000 after acquiring an additional 2,127 shares in the last quarter. Fairvoy Private Wealth LLC boosted its stake in PGIM Ultra Short Bond ETF by 1.4% in the 2nd quarter. Fairvoy Private Wealth LLC now owns 314,337 shares of the company’s stock worth $15,641,000 after purchasing an additional 4,334 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its position in PGIM Ultra Short Bond ETF by 4.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 240,816 shares of the company’s stock worth $11,983,000 after purchasing an additional 10,134 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of NYSEARCA:PULS opened at $49.80 on Friday. The company’s fifty day moving average is $49.71 and its two-hundred day moving average is $49.72. The company has a market cap of $13.37 billion, a P/E ratio of -23.94 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.