Geneos Wealth Management Inc. Purchases 117,937 Shares of PGIM Ultra Short Bond ETF $PULS

Geneos Wealth Management Inc. grew its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 56.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 328,629 shares of the company’s stock after buying an additional 117,937 shares during the period. Geneos Wealth Management Inc. owned 0.14% of PGIM Ultra Short Bond ETF worth $16,353,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter worth $1,244,000. Corient Private Wealth LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter worth about $219,000. Captrust Financial Advisors increased its position in shares of PGIM Ultra Short Bond ETF by 2.0% during the second quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock worth $898,000 after purchasing an additional 361 shares in the last quarter. Prevail Innovative Wealth Advisors LLC increased its position in PGIM Ultra Short Bond ETF by 13.5% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 36,421 shares of the company’s stock valued at $1,812,000 after acquiring an additional 4,318 shares during the period. Finally, Two Sigma Securities LLC raised its position in PGIM Ultra Short Bond ETF by 809.1% in the second quarter. Two Sigma Securities LLC now owns 39,362 shares of the company’s stock worth $1,959,000 after acquiring an additional 35,032 shares in the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS opened at $49.71 on Friday. The business’s fifty day simple moving average is $49.72 and its 200 day simple moving average is $49.70. The firm has a market cap of $13.25 billion, a P/E ratio of -23.90 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 52 week low of $49.34 and a 52 week high of $49.84.

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.