PGIM Ultra Short Bond ETF $PULS Shares Bought by Innovative Wealth Building LLC

Innovative Wealth Building LLC raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 124.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,935 shares of the company’s stock after acquiring an additional 70,359 shares during the period. PGIM Ultra Short Bond ETF accounts for approximately 5.2% of Innovative Wealth Building LLC’s portfolio, making the stock its 4th largest position. Innovative Wealth Building LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,316,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Temasek Holdings Private Ltd acquired a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter worth about $250,500,000. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 15.8% during the first quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock worth $1,631,987,000 after buying an additional 4,479,846 shares during the last quarter. LPL Financial LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.1% during the first quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock worth $472,180,000 after buying an additional 2,618,786 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.0% during the first quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock worth $217,073,000 after buying an additional 1,202,781 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 91.4% during the first quarter. Commonwealth Equity Services LLC now owns 2,028,866 shares of the company’s stock worth $100,895,000 after buying an additional 968,658 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS opened at $49.67 on Friday. PGIM Ultra Short Bond ETF has a 52-week low of $49.34 and a 52-week high of $49.84. The business’s 50-day moving average price is $49.73 and its 200 day moving average price is $49.65. The firm has a market cap of $12.63 billion, a P/E ratio of -23.88 and a beta of 0.04.

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.