PGIM Ultra Short Bond ETF $PULS Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC raised its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 113.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 40,031 shares of the company’s stock after buying an additional 21,279 shares during the quarter. Western Wealth Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,985,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC increased its stake in PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares during the period. Turim 21 Investimentos Ltda. acquired a new position in PGIM Ultra Short Bond ETF in the 3rd quarter valued at $30,000. Rossby Financial LCC acquired a new position in PGIM Ultra Short Bond ETF in the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in PGIM Ultra Short Bond ETF by 394.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after buying an additional 513 shares during the period. Finally, Assetmark Inc. increased its stake in PGIM Ultra Short Bond ETF by 667.4% in the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock valued at $34,000 after buying an additional 594 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.63 on Friday. The stock has a market capitalization of $14.56 billion, a P/E ratio of -23.86 and a beta of 0.02. The company’s fifty day moving average is $49.62 and its two-hundred day moving average is $49.68. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84.

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.