PGIM Ultra Short Bond ETF $PULS is Crewe Advisors LLC’s 8th Largest Position

Crewe Advisors LLC boosted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 575,987 shares of the company’s stock after acquiring an additional 6,318 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 4.1% of Crewe Advisors LLC’s portfolio, making the stock its 8th largest position. Crewe Advisors LLC owned approximately 0.24% of PGIM Ultra Short Bond ETF worth $28,661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PULS. JPMorgan Chase & Co. raised its holdings in shares of PGIM Ultra Short Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock valued at $1,631,987,000 after buying an additional 4,479,846 shares during the last quarter. LPL Financial LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 38.1% in the first quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock valued at $472,180,000 after buying an additional 2,618,786 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $250,500,000. Raymond James Financial Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 38.0% in the first quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock valued at $217,073,000 after buying an additional 1,202,781 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,567,987 shares of the company’s stock valued at $177,436,000 after buying an additional 34,545 shares during the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.75 on Monday. The company has a 50-day simple moving average of $49.73 and a 200-day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of -23.92 and a beta of 0.04.

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.