PGIM Ultra Short Bond ETF $PULS Shares Acquired by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC lifted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 19.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,216 shares of the company’s stock after buying an additional 12,238 shares during the quarter. PGIM Ultra Short Bond ETF makes up 1.3% of Commonwealth Retirement Investments LLC’s holdings, making the stock its 20th largest position. Commonwealth Retirement Investments LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Focus Partners Wealth lifted its holdings in 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 valued at $1,137,000 after acquiring an additional 17,394 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 9.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 145,276 shares of the company’s stock valued at $7,229,000 after purchasing an additional 12,353 shares in the last quarter. Truist Financial Corp lifted its stake 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 purchasing an additional 2,127 shares during the period. Wealthcare Advisory Partners LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 4.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 240,816 shares of the company’s stock valued at $11,983,000 after purchasing an additional 10,134 shares during the period. Finally, Realta Investment Advisors boosted its holdings in PGIM Ultra Short Bond ETF by 18.0% during the second quarter. Realta Investment Advisors now owns 11,167 shares of the company’s stock worth $556,000 after buying an additional 1,701 shares in the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.80 on Monday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The firm’s fifty day moving average is $49.71 and its 200 day moving average is $49.72. The firm has a market cap of $13.37 billion, a PE ratio of -23.94 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a $0.1844 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%. PGIM Ultra Short Bond ETF’s dividend payout ratio is presently -113.94%.

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.