PGIM Ultra Short Bond ETF $PULS Stock: Client First Investment Management LLC Reduces Stake

Client First Investment Management LLC trimmed its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 46.8% during the 3rd quarter, Holdings Channel reports. The firm owned 77,792 shares of the company’s stock after selling 68,412 shares during the quarter. PGIM Ultra Short Bond ETF comprises approximately 1.8% of Client First Investment Management LLC’s portfolio, making the stock its 10th biggest holding. Client First Investment Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,848,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Macco Financial Group Inc. bought a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth $1,244,000. BOS Asset Management LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 28.0% during the 3rd quarter. BOS Asset Management LLC now owns 476,689 shares of the company’s stock worth $23,577,000 after acquiring an additional 104,288 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 47.7% during the 1st quarter. Valmark Advisers Inc. now owns 69,201 shares of the company’s stock worth $3,425,000 after acquiring an additional 22,350 shares during the last quarter. Intrepid Family Office LLC purchased a new position in PGIM Ultra Short Bond ETF in the fourth quarter worth $620,000. Finally, Integrated Wealth Concepts LLC grew its position in PGIM Ultra Short Bond ETF by 111.7% in the second quarter. Integrated Wealth Concepts LLC now owns 95,645 shares of the company’s stock worth $4,739,000 after acquiring an additional 50,456 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.1%

PULS opened at $49.53 on Friday. The stock has a market cap of $19.52 billion, a PE ratio of -23.81 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.45 and a 52 week high of $49.83. The business’s fifty day simple moving average is $49.59 and its 200 day simple moving average is $49.61.

PGIM Ultra Short Bond ETF Company 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.