Raab & Moskowitz Asset Management LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 29.1% during the first quarter, Holdings Channel.com reports. The firm owned 132,183 shares of the company’s stock after acquiring an additional 29,790 shares during the period. PGIM Ultra Short Bond ETF accounts for about 1.5% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 17th largest position. Raab & Moskowitz Asset Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,543,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of PULS. Anchor Investment Management LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter worth $25,000. Sound Income Strategies LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at about $30,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares in the last quarter. Finally, Kingdom Financial Group LLC. acquired a new position in PGIM Ultra Short Bond ETF during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Stock Down 0.3%
Shares of NYSEARCA:PULS opened at $49.54 on Friday. The firm has a market cap of $17.36 billion, a P/E ratio of -23.82 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The company’s 50-day moving average price is $49.63 and its two-hundred day moving average price is $49.65.
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.
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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).
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