Daymark Wealth Partners LLC Purchases 131,386 Shares of PGIM Ultra Short Bond ETF $PULS

Daymark Wealth Partners LLC grew its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 88.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 279,682 shares of the company’s stock after purchasing an additional 131,386 shares during the period. Daymark Wealth Partners LLC owned about 0.10% of PGIM Ultra Short Bond ETF worth $13,869,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Focus Financial Network Inc. grew its position in PGIM Ultra Short Bond ETF by 18.1% in the 4th quarter. Focus Financial Network Inc. now owns 7,856 shares of the company’s stock worth $391,000 after purchasing an additional 1,205 shares in the last quarter. KWB Wealth boosted its stake in shares of PGIM Ultra Short Bond ETF by 8.5% in the 4th quarter. KWB Wealth now owns 8,374 shares of the company’s stock worth $415,000 after buying an additional 655 shares during the last quarter. First Heartland Consultants Inc. boosted its stake in shares of PGIM Ultra Short Bond ETF by 46.0% in the 4th quarter. First Heartland Consultants Inc. now owns 32,193 shares of the company’s stock worth $1,596,000 after buying an additional 10,142 shares during the last quarter. BOS Asset Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 58.9% in the fourth quarter. BOS Asset Management LLC now owns 132,080 shares of the company’s stock valued at $6,550,000 after acquiring an additional 48,958 shares in the last quarter. Finally, Genesis Private Wealth LLC increased its position in shares of PGIM Ultra Short Bond ETF by 9.6% during the fourth quarter. Genesis Private Wealth LLC now owns 51,573 shares of the company’s stock valued at $2,558,000 after acquiring an additional 4,508 shares during the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.65 on Wednesday. The business’s fifty day simple moving average is $49.69 and its 200 day simple moving average is $49.71. 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 market capitalization of $14.38 billion, a P/E ratio of -23.87 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1654 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, March 2nd. PGIM Ultra Short Bond ETF’s payout ratio is -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.