Truist Financial Corp Purchases 24,972 Shares of PGIM Ultra Short Bond ETF $PULS

Truist Financial Corp increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 178,154 shares of the company’s stock after buying an additional 24,972 shares during the quarter. Truist Financial Corp owned 0.07% of PGIM Ultra Short Bond ETF worth $8,835,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Sound Income Strategies LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new position in shares of PGIM Ultra Short Bond ETF during the third quarter worth about $30,000. Rossby Financial LCC bought a new position in shares of PGIM Ultra Short Bond ETF during the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in PGIM Ultra Short Bond ETF by 394.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after purchasing an additional 513 shares in the last quarter. Finally, Assetmark Inc. grew its stake in PGIM Ultra Short Bond ETF by 667.4% in the third quarter. Assetmark Inc. now owns 683 shares of the company’s stock valued at $34,000 after purchasing an additional 594 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.62 on Friday. The business has a 50 day moving average price of $49.63 and a two-hundred day moving average price of $49.68. The company has a market cap of $14.56 billion, a price-to-earnings ratio of -23.86 and a beta of 0.02. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84.

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.