MBM Wealth Consultants LLC Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

MBM Wealth Consultants LLC grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULSFree Report) by 5.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 503,937 shares of the company’s stock after acquiring an additional 25,624 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 5.7% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 4th biggest holding. MBM Wealth Consultants LLC owned 0.17% of PGIM Ultra Short Bond ETF worth $24,945,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of 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 valued at $543,576,000 after purchasing an additional 1,647,341 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in PGIM Ultra Short Bond ETF by 4.3% in the fourth 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 during the last quarter. Ameriprise Financial Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 1,051.8% in the third 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 during the last quarter. LPL Financial LLC boosted its holdings in PGIM Ultra Short Bond ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after purchasing an additional 869,510 shares during the last quarter. Finally, Blue Water Asset Management bought a new stake in PGIM Ultra Short Bond ETF in the 4th quarter worth approximately $40,936,000. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.0%

NYSEARCA:PULS opened at $49.67 on Thursday. The company has a market cap of $17.23 billion, a PE ratio of -23.88 and a beta of 0.02. The company has a 50 day simple moving average of $49.64 and a two-hundred day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84.

About PGIM Ultra Short Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

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