LPL Financial LLC Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

LPL Financial LLC lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.5% in the fourth quarter, Holdings Channel reports. The firm owned 11,148,152 shares of the company’s stock after purchasing an additional 869,510 shares during the period. LPL Financial LLC’s holdings in PGIM Ultra Short Bond ETF were worth $552,837,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% during the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares during the period. SouthState Bank Corp grew its holdings in shares of PGIM Ultra Short Bond ETF by 18.3% during the 4th quarter. SouthState Bank Corp now owns 29,774 shares of the company’s stock worth $1,476,000 after purchasing an additional 4,607 shares during the period. Syon Capital LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 3.2% during the 4th quarter. Syon Capital LLC now owns 64,545 shares of the company’s stock worth $3,201,000 after purchasing an additional 2,020 shares during the period. Disciplina Capital Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 33.2% during the 4th quarter. Disciplina Capital Management LLC now owns 322,173 shares of the company’s stock worth $16,017,000 after purchasing an additional 80,238 shares during the period. Finally, J.W. Cole Advisors Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 14.6% during the 4th quarter. J.W. Cole Advisors Inc. now owns 222,628 shares of the company’s stock worth $11,026,000 after purchasing an additional 28,388 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.57 on Tuesday. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The stock has a market capitalization of $16.37 billion, a P/E ratio of -23.83 and a beta of 0.02. The stock has a 50-day simple moving average of $49.62 and a 200-day simple moving average of $49.67.

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.