PGIM Ultra Short Bond ETF $PULS Stock Position Increased by Global View Capital Management LLC

Global View Capital Management LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 184.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 126,558 shares of the company’s stock after purchasing an additional 82,114 shares during the quarter. PGIM Ultra Short Bond ETF accounts for about 1.2% of Global View Capital Management LLC’s holdings, making the stock its 9th biggest holding. Global View Capital Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,276,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in PULS. Spire Wealth Management lifted its holdings in PGIM Ultra Short Bond ETF by 7,574.3% during the 4th quarter. Spire Wealth Management now owns 87,410 shares of the company’s stock worth $4,335,000 after buying an additional 86,271 shares in the last quarter. Lineweaver Wealth Advisors LLC purchased a new position in PGIM Ultra Short Bond ETF in the 4th quarter valued at approximately $281,000. Fairvoy Private Wealth LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 2.0% in the fourth quarter. Fairvoy Private Wealth LLC now owns 303,859 shares of the company’s stock worth $15,068,000 after acquiring an additional 5,910 shares in the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 26.6% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 318,137 shares of the company’s stock worth $15,776,000 after acquiring an additional 66,780 shares in the last quarter. Finally, Petros Family Wealth LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth $1,266,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA PULS opened at $49.66 on Monday. The stock has a market cap of $14.51 billion, a P/E ratio of -23.88 and a beta of 0.01. The business’s fifty day simple moving average is $49.68 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.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued 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 -112.02%.

PGIM Ultra Short Bond ETF 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.