Crane Advisory LLC Raises Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Crane Advisory LLC grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,930,818 shares of the company’s stock after buying an additional 123,177 shares during the period. PGIM Ultra Short Bond ETF makes up 15.9% of Crane Advisory LLC’s portfolio, making the stock its 2nd biggest position. Crane Advisory LLC owned approximately 0.81% of PGIM Ultra Short Bond ETF worth $95,846,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Destiny Wealth Partners LLC boosted its holdings in PGIM Ultra Short Bond ETF by 9.1% during the second quarter. Destiny Wealth Partners LLC now owns 122,003 shares of the company’s stock worth $6,071,000 after buying an additional 10,138 shares during the last quarter. Embree Financial Group lifted its holdings in shares of PGIM Ultra Short Bond ETF by 0.5% during the 2nd quarter. Embree Financial Group now owns 177,086 shares of the company’s stock valued at $8,812,000 after purchasing an additional 899 shares in the last quarter. BankPlus Wealth Management LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 8.8% during the 2nd quarter. BankPlus Wealth Management LLC now owns 4,692 shares of the company’s stock valued at $233,000 after purchasing an additional 381 shares in the last quarter. Owen LaRue LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 155.6% during the 2nd quarter. Owen LaRue LLC now owns 27,522 shares of the company’s stock valued at $1,369,000 after purchasing an additional 16,755 shares in the last quarter. Finally, Register Financial Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the 2nd quarter valued at about $397,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.80 on Friday. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 and a fifty-two week high of $49.83. The stock has a market capitalization of $12.61 billion, a PE ratio of -23.94 and a beta of 0.04. The business’s 50-day simple moving average is $49.73 and its 200-day simple moving average is $49.65.

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.