KWB Wealth Has $365,000 Holdings in PGIM Ultra Short Bond ETF $PULS

KWB Wealth lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 40.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,348 shares of the company’s stock after buying an additional 2,134 shares during the quarter. KWB Wealth’s holdings in PGIM Ultra Short Bond ETF were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of PULS. Golden State Wealth Management LLC boosted its stake in PGIM Ultra Short Bond ETF by 437.7% during the first quarter. Golden State Wealth Management LLC now owns 7,679 shares of the company’s stock worth $382,000 after acquiring an additional 6,251 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 15.4% during the first quarter. Janney Montgomery Scott LLC now owns 132,923 shares of the company’s stock valued at $6,610,000 after purchasing an additional 17,715 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 29.4% during the first quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock valued at $37,060,000 after purchasing an additional 169,348 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 52.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 271,150 shares of the company’s stock worth $13,484,000 after purchasing an additional 93,244 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of PGIM Ultra Short Bond ETF by 15.8% in the 1st 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 period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

NYSEARCA PULS opened at $49.80 on Friday. PGIM Ultra Short Bond ETF has a 52 week low of $49.34 and a 52 week high of $49.83. The business has a 50 day moving average price of $49.73 and a 200-day moving average price of $49.65. The company has a market cap of $12.61 billion, a price-to-earnings ratio of -23.94 and a beta of 0.04.

PGIM Ultra Short Bond ETF 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.