PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Get Free Report) saw strong trading volume on Friday . 13,730,942 shares were traded during mid-day trading, an increase of 402% from the previous session’s volume of 2,733,880 shares.The stock last traded at $49.58 and had previously closed at $49.58.
PGIM Ultra Short Bond ETF Trading Down 0.0%
The company has a market capitalization of $16.33 billion, a PE ratio of -23.83 and a beta of 0.02. The stock’s 50-day moving average is $49.62 and its two-hundred day moving average is $49.67.
Institutional Trading of PGIM Ultra Short Bond ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Focus Partners Wealth increased its position in shares of PGIM Ultra Short Bond ETF by 318.3% during the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after acquiring an additional 17,394 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the second quarter worth approximately $330,000. Cerity Partners LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the second quarter worth approximately $273,000. Betterment LLC increased its position in shares of PGIM Ultra Short Bond ETF by 5.2% during the second quarter. Betterment LLC now owns 32,714 shares of the company’s stock worth $1,628,000 after acquiring an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF by 6.1% during the second quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock worth $2,748,000 after acquiring an additional 3,157 shares during the period. 72.71% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than PGIM Ultra Short Bond ETF
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Receive News & Ratings for PGIM Ultra Short Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Ultra Short Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
