IAG Wealth Partners LLC Purchases 26,247 Shares of PGIM Ultra Short Bond ETF $PULS

IAG Wealth Partners LLC raised its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.1% during the third quarter, Holdings Channel reports. The firm owned 456,106 shares of the company’s stock after purchasing an additional 26,247 shares during the period. PGIM Ultra Short Bond ETF comprises 2.1% of IAG Wealth Partners LLC’s portfolio, making the stock its 20th largest holding. IAG Wealth Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $22,559,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Equity Services LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $107,873,000. Cetera Investment Advisers raised its stake in PGIM Ultra Short Bond ETF by 56.7% during the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after buying an additional 1,715,376 shares during the last quarter. Kensington Asset Management LLC raised its stake in PGIM Ultra Short Bond ETF by 103.2% during the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after buying an additional 1,638,630 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in PGIM Ultra Short Bond ETF in the third quarter valued at $50,482,000. Finally, PNC Financial Services Group Inc. grew its holdings in PGIM Ultra Short Bond ETF by 22.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock worth $244,513,000 after acquiring an additional 918,258 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Down 0.0%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.51 on Friday. The business has a 50-day moving average price of $49.55 and a two-hundred day moving average price of $49.62. PGIM Ultra Short Bond ETF has a 1-year low of $49.45 and a 1-year high of $49.82. The company has a market cap of $19.84 billion, a P/E ratio of -23.80 and a beta of 0.02.

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.