Ashton Thomas Private Wealth LLC Has $17.37 Million Stock Position in PGIM Ultra Short Bond ETF $PULS

Ashton Thomas Private Wealth LLC lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 27.7% during the third quarter, Holdings Channel.com reports. The firm owned 348,551 shares of the company’s stock after acquiring an additional 75,556 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $17,368,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. TradeWell Securities LLC. raised its stake in PGIM Ultra Short Bond ETF by 1.0% during the 2nd quarter. TradeWell Securities LLC. now owns 22,298 shares of the company’s stock worth $1,110,000 after buying an additional 216 shares during the period. Focus Financial Network Inc. increased its holdings in shares of PGIM Ultra Short Bond ETF by 3.6% during the third quarter. Focus Financial Network Inc. now owns 6,651 shares of the company’s stock valued at $331,000 after acquiring an additional 231 shares in the last quarter. Cedar Point Capital Partners LLC raised its position in shares of PGIM Ultra Short Bond ETF by 4.4% during the third quarter. Cedar Point Capital Partners LLC now owns 5,607 shares of the company’s stock worth $279,000 after purchasing an additional 237 shares during the period. Trilogy Capital Inc. grew its position in PGIM Ultra Short Bond ETF by 1.5% in the 3rd quarter. Trilogy Capital Inc. now owns 16,738 shares of the company’s stock valued at $834,000 after purchasing an additional 248 shares during the period. Finally, Captrust Financial Advisors raised its holdings in PGIM Ultra Short Bond ETF by 2.0% during the second quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock worth $898,000 after buying an additional 361 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.64 on Wednesday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The company has a market cap of $13.32 billion, a PE ratio of -23.87 and a beta of 0.01. The firm has a 50-day moving average of $49.70 and a 200-day moving average of $49.72.

PGIM Ultra Short Bond ETF Cuts Dividend

The business 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 dividend of $0.1844 per share. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.5%. PGIM Ultra Short Bond ETF’s dividend payout ratio is -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.