Horizon Wealth Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 27.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 266,552 shares of the company’s stock after buying an additional 58,153 shares during the period. PGIM Ultra Short Bond ETF accounts for about 1.7% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Horizon Wealth Management LLC owned 0.07% of PGIM Ultra Short Bond ETF worth $13,184,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Anchor Investment Management LLC bought a new position in PGIM Ultra Short Bond ETF in the 1st quarter worth approximately $25,000. Flagship Wealth Advisors LLC acquired a new stake in PGIM Ultra Short Bond ETF in the 1st quarter valued at approximately $25,000. TOP Private Wealth LLC. acquired a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $48,000. NBH Bank bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $53,000. Finally, Parkside Financial Bank & Trust bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $80,000. Institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Stock Performance
Shares of PULS stock opened at $49.50 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.82. The stock has a fifty day moving average of $49.56 and a two-hundred day moving average of $49.62. The firm has a market capitalization of $19.64 billion, a PE ratio of -23.80 and a beta of 0.02.
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.
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