Little House Capital LLC Buys 35,118 Shares of PGIM Ultra Short Bond ETF $PULS

Little House Capital LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 159,905 shares of the company’s stock after purchasing an additional 35,118 shares during the period. PGIM Ultra Short Bond ETF comprises 2.0% of Little House Capital LLC’s investment portfolio, making the stock its 18th largest position. Little House Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $7,915,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Aviance Capital Partners LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 24.8% during the first quarter. Aviance Capital Partners LLC now owns 34,717 shares of the company’s stock valued at $1,718,000 after purchasing an additional 6,891 shares in the last quarter. Prospect Financial Group LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the first quarter valued at approximately $243,000. Allspring Global Investments Holdings LLC boosted its holdings in PGIM Ultra Short Bond ETF by 56.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 18,994 shares of the company’s stock worth $941,000 after purchasing an additional 6,855 shares during the last quarter. Thayer Partners LLC MA raised its stake in PGIM Ultra Short Bond ETF by 0.8% during the 1st quarter. Thayer Partners LLC MA now owns 75,654 shares of the company’s stock valued at $3,745,000 after buying an additional 599 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth approximately $935,000. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.64 on Friday. The company’s fifty day simple moving average is $49.63 and its 200-day simple moving average is $49.65. 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 $17.39 billion, a PE ratio of -23.87 and a beta of 0.02.

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.