Valmark Advisers Inc. increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 47.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,201 shares of the company’s stock after buying an additional 22,350 shares during the period. Valmark Advisers Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $3,425,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the stock. Spinnaker Investment Group LLC boosted its position in PGIM Ultra Short Bond ETF by 3.6% during the 4th quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock valued at $286,000 after acquiring an additional 202 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in shares of PGIM Ultra Short Bond ETF by 9.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock worth $208,000 after acquiring an additional 361 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of PGIM Ultra Short Bond ETF by 2.0% during the 2nd quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock worth $898,000 after purchasing an additional 361 shares during the last quarter. Friedenthal Financial boosted its position in PGIM Ultra Short Bond ETF by 2.0% during the first quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock valued at $943,000 after purchasing an additional 377 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. boosted its position in PGIM Ultra Short Bond ETF by 3.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 12,489 shares of the company’s stock valued at $622,000 after purchasing an additional 396 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Price Performance
PULS opened at $49.59 on Monday. The business’s 50-day moving average is $49.62 and its two-hundred day moving average is $49.65. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The firm has a market capitalization of $17.38 billion, a PE 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.
Read More
- Five stocks we like better than PGIM Ultra Short Bond ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding PULS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report).
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.
