PGIM Ultra Short Bond ETF $PULS Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 84.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 71,704 shares of the company’s stock after selling 390,097 shares during the period. Ameritas Advisory Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,573,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Spire Wealth Management acquired a new stake in PGIM Ultra Short Bond ETF in the second quarter valued at about $31,000. Assetmark Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 667.4% during the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock worth $34,000 after buying an additional 594 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter valued at approximately $44,000. Pinnacle Bancorp Inc. grew its holdings in PGIM Ultra Short Bond ETF by 102.2% during the third quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $54,000 after acquiring an additional 551 shares during the period. Finally, Root Financial Partners LLC purchased a new position in PGIM Ultra Short Bond ETF in the third quarter worth $72,000. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.68 on Friday. The company has a market cap of $13.34 billion, a P/E ratio of -23.88 and a beta of 0.01. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The business has a fifty day moving average of $49.70 and a two-hundred day moving average of $49.72.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.1844 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. PGIM Ultra Short Bond ETF’s payout ratio is currently -112.98%.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.