BlueStem Wealth Partners LLC Increases Stock Holdings in PGIM Ultra Short Bond ETF $PULS

BlueStem Wealth Partners LLC lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 25.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 133,141 shares of the company’s stock after acquiring an additional 27,363 shares during the period. BlueStem Wealth Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,602,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of PULS. Focus Partners Wealth increased its holdings in PGIM Ultra Short Bond ETF by 318.3% during the 1st quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after purchasing an additional 17,394 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the 2nd quarter worth approximately $330,000. Cerity Partners LLC acquired a new position in PGIM Ultra Short Bond ETF during the 2nd quarter valued at approximately $273,000. Betterment LLC boosted its position in PGIM Ultra Short Bond ETF by 5.2% during the 2nd quarter. Betterment LLC now owns 32,714 shares of the company’s stock valued at $1,628,000 after purchasing an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its position in PGIM Ultra Short Bond ETF by 6.1% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock worth $2,748,000 after acquiring an additional 3,157 shares during the period. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.64 on Wednesday. The firm has a market capitalization of $14.56 billion, a PE ratio of -23.87 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The stock has a fifty day moving average of $49.62 and a two-hundred day moving average of $49.67.

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.