Fermata Advisors LLC Purchases 49,743 Shares of PGIM Ultra Short Bond ETF $PULS

Fermata Advisors LLC lifted its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 226.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,685 shares of the company’s stock after buying an additional 49,743 shares during the quarter. Fermata Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,555,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in PGIM Ultra Short Bond ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after buying an additional 4,065,547 shares during the last quarter. Prudential Financial Inc. lifted its position in PGIM Ultra Short Bond ETF by 13.7% during the 2nd quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock worth $1,241,407,000 after acquiring an additional 2,999,297 shares during the last quarter. Bank of America Corp DE lifted its position in PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after acquiring an additional 1,647,341 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 1,051.8% during the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after acquiring an additional 942,934 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in PGIM Ultra Short Bond ETF by 269.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 936,430 shares of the company’s stock valued at $46,597,000 after acquiring an additional 682,812 shares during the period. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.62 on Friday. The stock’s 50-day moving average is $49.69 and its 200-day moving average is $49.71. The company has a market cap of $14.36 billion, a P/E ratio of -23.86 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 Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1654 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.0%. PGIM Ultra Short Bond ETF’s dividend payout ratio is presently -112.02%.

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.