PGIM Ultra Short Bond ETF $PULS Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC lowered its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,819 shares of the company’s stock after selling 7,059 shares during the quarter. Interchange Capital Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,782,000 as of its most recent filing with the Securities and Exchange Commission.

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

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS stock opened at $49.79 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84. The company’s 50 day moving average is $49.74 and its two-hundred day moving average is $49.67. The stock has a market cap of $12.66 billion, a P/E ratio of -23.94 and a beta of 0.04.

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.