PGIM Ultra Short Bond ETF $PULS Shares Purchased by Kensington Asset Management LLC

Kensington Asset Management LLC raised its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 36.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,588,148 shares of the company’s stock after purchasing an additional 425,761 shares during the period. PGIM Ultra Short Bond ETF accounts for 4.1% of Kensington Asset Management LLC’s portfolio, making the stock its 7th largest position. Kensington Asset Management LLC owned about 0.59% of PGIM Ultra Short Bond ETF worth $78,740,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Sound Income Strategies LLC grew its stake in PGIM Ultra Short Bond ETF by 1,346.2% during the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter worth approximately $30,000. Rossby Financial LCC purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in PGIM Ultra Short Bond ETF by 394.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. purchased a new stake in PGIM Ultra Short Bond ETF during the fourth quarter worth approximately $32,000. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS opened at $49.64 on Friday. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The company has a 50 day moving average of $49.62 and a two-hundred day moving average of $49.66. The company has a market cap of $17.10 billion, a P/E ratio of -23.87 and a beta of 0.02.

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.