NewEdge Advisors LLC Raises Stock Position in PGIM Ultra Short Bond ETF $PULS

NewEdge Advisors LLC boosted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,217,625 shares of the company’s stock after acquiring an additional 30,632 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 1.2% of NewEdge Advisors LLC’s portfolio, making the stock its 14th biggest holding. NewEdge Advisors LLC owned 0.42% of PGIM Ultra Short Bond ETF worth $60,272,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the first quarter worth about $25,000. Sound Income Strategies LLC boosted its stake in 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 valued at $28,000 after buying an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $32,000 after acquiring an additional 513 shares in the last quarter. Finally, Kingdom Financial Group LLC. bought a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $32,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.68 on Thursday. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The company has a market cap of $17.41 billion, a P/E ratio of -23.88 and a beta of 0.02. The company’s fifty day simple moving average is $49.63 and its 200-day simple moving average is $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.