PGIM Ultra Short Bond ETF $PULS Stake Boosted by Advisory Services Network LLC

Advisory Services Network LLC lifted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 293.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 153,228 shares of the company’s stock after acquiring an additional 114,277 shares during the quarter. Advisory Services Network LLC owned approximately 0.07% of PGIM Ultra Short Bond ETF worth $7,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its position in PGIM Ultra Short Bond ETF by 56.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 328,629 shares of the company’s stock worth $16,353,000 after purchasing an additional 117,937 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $1,244,000. Corient Private Wealth LLC acquired a new position in PGIM Ultra Short Bond ETF in the second quarter worth approximately $219,000. Captrust Financial Advisors raised its position in 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 valued at $898,000 after acquiring an additional 361 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC raised its position in PGIM Ultra Short Bond ETF by 13.5% during the second 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 in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.71 on Monday. The firm has a 50 day moving average of $49.72 and a two-hundred day moving average of $49.70. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The company has a market capitalization of $13.25 billion, a price-to-earnings ratio of -23.90 and a beta of 0.01.

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.