IHT Wealth Management LLC Has $14.27 Million Stock Position in PGIM Ultra Short Bond ETF $PULS

IHT Wealth Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 253.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 287,689 shares of the company’s stock after buying an additional 206,395 shares during the quarter. IHT Wealth Management LLC owned about 0.11% of PGIM Ultra Short Bond ETF worth $14,266,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% during the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after buying an additional 1,631,142 shares in the last quarter. Morgan Stanley lifted its holdings in shares of PGIM Ultra Short Bond ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 16,551,738 shares of the company’s stock worth $820,801,000 after buying an additional 203,799 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after buying an additional 869,510 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 worth $555,066,000 after buying an additional 215,246 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of PGIM Ultra Short Bond ETF by 4.8% during the fourth quarter. Wells Fargo & Company MN now owns 7,774,354 shares of the company’s stock worth $385,530,000 after buying an additional 356,553 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.61 on Thursday. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84. The company has a market capitalization of $17.12 billion, a P/E ratio of -23.85 and a beta of 0.02. The stock has a fifty day moving average of $49.63 and a 200-day moving average of $49.66.

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.