Aptus Capital Advisors LLC Increases Position in PGIM Ultra Short Bond ETF $PULS

Aptus Capital Advisors LLC lifted its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 576,714 shares of the company’s stock after acquiring an additional 33,902 shares during the period. Aptus Capital Advisors LLC owned 0.23% of PGIM Ultra Short Bond ETF worth $28,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TradeWell Securities LLC. grew its stake in PGIM Ultra Short Bond ETF by 1.0% during the 2nd quarter. TradeWell Securities LLC. now owns 22,298 shares of the company’s stock valued at $1,110,000 after purchasing an additional 216 shares during the last quarter. JT Stratford LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 2.3% during the third quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock worth $501,000 after purchasing an additional 222 shares during the period. Focus Financial Network Inc. boosted its position in PGIM Ultra Short Bond ETF by 3.6% in the third quarter. Focus Financial Network Inc. now owns 6,651 shares of the company’s stock valued at $331,000 after buying an additional 231 shares during the last quarter. Cedar Point Capital Partners LLC boosted its position in PGIM Ultra Short Bond ETF by 4.4% in the third quarter. Cedar Point Capital Partners LLC now owns 5,607 shares of the company’s stock valued at $279,000 after buying an additional 237 shares during the last quarter. Finally, Trilogy Capital Inc. increased its holdings in PGIM Ultra Short Bond ETF by 1.5% in the 3rd quarter. Trilogy Capital Inc. now owns 16,738 shares of the company’s stock worth $834,000 after buying an additional 248 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.59 on Friday. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84. The firm has a 50 day moving average of $49.69 and a two-hundred day moving average of $49.72. The firm has a market capitalization of $14.15 billion, a PE ratio of -23.84 and a beta of 0.01.

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 given a dividend of $0.1654 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%. PGIM Ultra Short Bond ETF’s payout ratio is currently -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.