Stonebridge Financial Group LLC Has $10.47 Million Holdings in PGIM Ultra Short Bond ETF $PULS

Stonebridge Financial Group LLC increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210,489 shares of the company’s stock after acquiring an additional 22,966 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 1.0% of Stonebridge Financial Group LLC’s holdings, making the stock its 28th largest holding. Stonebridge Financial Group LLC owned approximately 0.09% of PGIM Ultra Short Bond ETF worth $10,474,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of PULS. GPS Wealth Strategies Group LLC grew its position in PGIM Ultra Short Bond ETF by 226.3% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 2,689 shares of the company’s stock worth $134,000 after acquiring an additional 1,865 shares during the last quarter. Marshall Financial Group LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 1st quarter worth $6,780,000. Wealth Enhancement Advisory Services LLC raised its stake in PGIM Ultra Short Bond ETF by 52.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 271,150 shares of the company’s stock worth $13,484,000 after buying an additional 93,244 shares during the period. IAG Wealth Partners LLC raised its stake in PGIM Ultra Short Bond ETF by 32.7% during the 1st quarter. IAG Wealth Partners LLC now owns 369,828 shares of the company’s stock worth $18,392,000 after buying an additional 91,187 shares during the period. Finally, Fairvoy Private Wealth LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 24.7% in the 1st quarter. Fairvoy Private Wealth LLC now owns 310,003 shares of the company’s stock valued at $15,416,000 after purchasing an additional 61,347 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.69 on Friday. The business’s 50-day moving average price is $49.72 and its two-hundred day moving average price is $49.65. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The company has a market capitalization of $12.63 billion, a price-to-earnings ratio of -23.89 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.