WPG Advisers LLC Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

WPG Advisers LLC grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 57.5% during the first quarter, HoldingsChannel.com reports. The fund owned 87,566 shares of the company’s stock after buying an additional 31,951 shares during the quarter. PGIM Ultra Short Bond ETF accounts for about 3.2% of WPG Advisers LLC’s portfolio, making the stock its 7th biggest position. WPG Advisers LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,335,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after purchasing an additional 1,647,341 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of PGIM Ultra Short Bond ETF by 4.3% in the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 1,051.8% in the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after buying an additional 942,934 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after buying an additional 869,510 shares during the last quarter. Finally, Blue Water Asset Management purchased a new position in shares of PGIM Ultra Short Bond ETF in the fourth quarter worth approximately $40,936,000. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.0%

Shares of NYSEARCA PULS opened at $49.58 on Thursday. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The firm has a market capitalization of $17.37 billion, a price-to-earnings ratio of -23.84 and a beta of 0.02. The firm has a 50 day moving average of $49.63 and a 200 day moving average of $49.65.

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.