16,464 Shares in PGIM Ultra Short Bond ETF $PULS Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 16,464 shares of the company’s stock, valued at approximately $814,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PULS. PNC Financial Services Group Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 22.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock worth $244,513,000 after purchasing an additional 918,258 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of PGIM Ultra Short Bond ETF by 56.7% in the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after acquiring an additional 1,715,376 shares during the period. Kensington Asset Management LLC lifted its holdings in PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of PGIM Ultra Short Bond ETF by 2.5% in the first quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after buying an additional 59,415 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF by 56.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock valued at $101,561,000 after acquiring an additional 742,333 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Down 0.0%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.58 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $49.45 and a twelve month high of $49.83. The business has a 50-day moving average price of $49.58 and a 200-day moving average price of $49.61. The firm has a market cap of $19.80 billion, a price-to-earnings ratio of -23.84 and a beta of 0.02.

About PGIM Ultra Short Bond ETF

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.