25,531 Shares in PGIM Ultra Short Bond ETF $PULS Purchased by Petros Family Wealth LLC

Petros Family Wealth LLC bought a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 25,531 shares of the company’s stock, valued at approximately $1,266,000.

Several other hedge funds and other institutional investors have also bought and sold shares of PULS. JPMorgan Chase & Co. grew its stake in shares of PGIM Ultra Short Bond ETF by 12.1% in the third quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock worth $1,882,557,000 after acquiring an additional 4,065,547 shares during the period. Bank of America Corp DE lifted its position in PGIM Ultra Short Bond ETF by 2.0% during the third quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock valued at $555,066,000 after purchasing an additional 215,246 shares during the period. Raymond James Financial Inc. lifted its position in PGIM Ultra Short Bond ETF by 5.7% during the third quarter. Raymond James Financial Inc. now owns 4,348,595 shares of the company’s stock valued at $216,691,000 after purchasing an additional 236,042 shares during the period. UBS Group AG lifted its position in PGIM Ultra Short Bond ETF by 16.9% during the third quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock valued at $204,420,000 after purchasing an additional 591,642 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 11.6% in the third quarter. PNC Financial Services Group Inc. now owns 3,799,980 shares of the company’s stock worth $189,353,000 after purchasing an additional 396,495 shares during the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.1%

NYSEARCA:PULS opened at $49.66 on Friday. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The company has a market cap of $14.46 billion, a PE ratio of -23.88 and a beta of 0.01. The company has a 50 day simple moving average of $49.68 and a two-hundred day simple moving average of $49.71.

PGIM Ultra Short Bond ETF Cuts Dividend

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

About PGIM Ultra Short Bond ETF

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.