12,370 Shares in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Bought by M&T Bank Corp

M&T Bank Corp bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,370 shares of the company’s stock, valued at approximately $616,000.

Several other institutional investors and hedge funds have also bought and sold shares of PULS. Prudential Financial Inc. lifted its stake in shares of PGIM Ultra Short Bond ETF by 51.9% in the fourth quarter. Prudential Financial Inc. now owns 22,115,385 shares of the company’s stock valued at $1,095,927,000 after buying an additional 7,560,005 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of PGIM Ultra Short Bond ETF by 12.0% in the fourth quarter. JPMorgan Chase & Co. now owns 28,337,110 shares of the company’s stock valued at $1,404,104,000 after buying an additional 3,027,670 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of PGIM Ultra Short Bond ETF by 31.4% in the fourth quarter. Wells Fargo & Company MN now owns 5,134,577 shares of the company’s stock valued at $254,418,000 after buying an additional 1,227,633 shares in the last quarter. LPL Financial LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 11.7% during the fourth quarter. LPL Financial LLC now owns 6,876,078 shares of the company’s stock valued at $340,710,000 after purchasing an additional 719,161 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in PGIM Ultra Short Bond ETF by 9.8% during the fourth quarter. Bank of America Corp DE now owns 7,662,142 shares of the company’s stock worth $379,659,000 after purchasing an additional 685,718 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.65 on Wednesday. The firm has a market cap of $11.77 billion, a price-to-earnings ratio of -23.87 and a beta of 0.04. PGIM Ultra Short Bond ETF has a 52 week low of $49.34 and a 52 week high of $49.81. The firm’s 50-day simple moving average is $49.64 and its two-hundred day simple moving average is $49.62.

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.