Truist Financial Corp Purchases 2,127 Shares of PGIM Ultra Short Bond ETF $PULS

Truist Financial Corp increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,721 shares of the company’s stock after buying an additional 2,127 shares during the period. Truist Financial Corp owned 0.06% of PGIM Ultra Short Bond ETF worth $7,351,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Temasek Holdings Private Ltd bought a new stake in PGIM Ultra Short Bond ETF in the first quarter worth approximately $250,500,000. JPMorgan Chase & Co. increased 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 acquiring an additional 4,479,846 shares in the last quarter. LPL Financial LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 38.1% in the 1st quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock valued at $472,180,000 after acquiring an additional 2,618,786 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 38.0% in the 1st quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock valued at $217,073,000 after acquiring an additional 1,202,781 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 91.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,028,866 shares of the company’s stock valued at $100,895,000 after acquiring an additional 968,658 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.67 on Tuesday. PGIM Ultra Short Bond ETF has a 1-year low of $49.34 and a 1-year high of $49.84. The company has a market cap of $12.63 billion, a P/E ratio of -23.88 and a beta of 0.04. The company has a fifty day moving average price of $49.73 and a two-hundred day moving average price of $49.65.

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.