Embree Financial Group Buys 61,789 Shares of PGIM Ultra Short Bond ETF $PULS

Embree Financial Group boosted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 34.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 238,875 shares of the company’s stock after acquiring an additional 61,789 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 1.6% of Embree Financial Group’s holdings, making the stock its 16th largest holding. Embree Financial Group owned approximately 0.09% of PGIM Ultra Short Bond ETF worth $11,903,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 2.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock worth $1,677,610,000 after purchasing an additional 897,077 shares in the last quarter. Prudential Financial Inc. lifted its position in PGIM Ultra Short Bond ETF by 13.7% in the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock worth $1,241,407,000 after purchasing an additional 2,999,297 shares during the period. Bank of America Corp DE boosted its stake in PGIM Ultra Short Bond ETF by 17.8% during the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after buying an additional 1,647,341 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in PGIM Ultra Short Bond ETF during the first quarter worth $250,500,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in PGIM Ultra Short Bond ETF by 1.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,617,785 shares of the company’s stock valued at $180,021,000 after buying an additional 49,798 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.75 on Friday. The firm has a fifty day moving average of $49.72 and a 200-day moving average of $49.70. The stock has a market cap of $13.28 billion, a price-to-earnings ratio of -23.92 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.