PGIM Ultra Short Bond ETF $PULS Shares Sold by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC reduced its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,233 shares of the company’s stock after selling 12,788 shares during the period. Flagship Harbor Advisors LLC owned about 0.06% of PGIM Ultra Short Bond ETF worth $7,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. purchased a new position in PGIM Ultra Short Bond ETF in the third quarter valued at $626,000. Ashton Thomas Private Wealth LLC grew its position in shares of PGIM Ultra Short Bond ETF by 27.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 348,551 shares of the company’s stock valued at $17,368,000 after acquiring an additional 75,556 shares during the period. Commonwealth Retirement Investments LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 19.4% in the 3rd quarter. Commonwealth Retirement Investments LLC now owns 75,216 shares of the company’s stock valued at $3,748,000 after purchasing an additional 12,238 shares in the last quarter. Money Concepts Capital Corp raised its holdings in PGIM Ultra Short Bond ETF by 29.8% in the 3rd quarter. Money Concepts Capital Corp now owns 7,189 shares of the company’s stock worth $358,000 after purchasing an additional 1,649 shares during the period. Finally, Guerra Advisors Inc acquired a new position in PGIM Ultra Short Bond ETF in the 3rd quarter worth about $159,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Down 0.0%

Shares of PULS opened at $49.63 on Thursday. The firm has a market cap of $13.32 billion, a P/E ratio of -23.86 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The stock’s 50 day moving average is $49.70 and its two-hundred day moving average is $49.72.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1844 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. PGIM Ultra Short Bond ETF’s dividend payout ratio (DPR) is currently -112.98%.

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.