Pacific Financial Group Inc. Buys Shares of 49,241 PGIM Ultra Short Bond ETF $PULS

Pacific Financial Group Inc. bought a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 49,241 shares of the company’s stock, valued at approximately $2,453,000. PGIM Ultra Short Bond ETF comprises approximately 1.4% of Pacific Financial Group Inc.’s portfolio, making the stock its 21st biggest position.

Other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at approximately $30,000. Rossby Financial LCC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after buying an additional 513 shares in the last quarter. Finally, Kingdom Financial Group LLC. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $32,000. 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 PULS stock opened at $49.65 on Wednesday. The stock has a market capitalization of $17.14 billion, a P/E ratio of -23.87 and a beta of 0.02. The firm’s 50 day moving average is $49.63 and its 200 day moving average is $49.66. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84.

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.