Fermata Advisors LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 33.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 96,693 shares of the company’s stock after buying an additional 24,009 shares during the quarter. Fermata Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its position in shares of PGIM Ultra Short Bond ETF by 56.7% in the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock valued at $234,585,000 after acquiring an additional 1,715,376 shares during the period. Bank of America Corp DE increased its position in PGIM Ultra Short Bond ETF by 17.8% during the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after acquiring an additional 1,647,341 shares during the period. Kensington Asset Management LLC raised its stake in PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. JPMorgan Chase & Co. raised its stake in PGIM Ultra Short Bond ETF by 4.3% in the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in PGIM Ultra Short Bond ETF by 1,051.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after purchasing an additional 942,934 shares in the last quarter. Institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Price Performance
NYSEARCA PULS opened at $49.57 on Thursday. The firm has a 50-day moving average price of $49.62 and a two-hundred day moving average price of $49.64. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The company has a market capitalization of $17.37 billion, a P/E ratio of -23.83 and a beta of 0.02.
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.
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