PGIM Ultra Short Bond ETF $PULS Shares Purchased by Live Oak Investment Partners

Live Oak Investment Partners lifted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 30.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 333,489 shares of the company’s stock after purchasing an additional 78,241 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 8.2% of Live Oak Investment Partners’ holdings, making the stock its biggest position. Live Oak Investment Partners’ holdings in PGIM Ultra Short Bond ETF were worth $16,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Spire Wealth Management bought a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $31,000. Legacy Wealth Managment LLC ID bought a new position in PGIM Ultra Short Bond ETF during the second quarter valued at about $44,000. Pinnacle Bancorp Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 102.2% in the third quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock worth $54,000 after buying an additional 551 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth about $72,000. Finally, Versant Capital Management Inc bought a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth about $142,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.72 on Tuesday. The stock’s 50 day simple moving average is $49.70 and its 200 day simple moving average is $49.71. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84. The company has a market capitalization of $13.35 billion, a price-to-earnings ratio of -23.90 and a beta of 0.01.

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.