PGIM Ultra Short Bond ETF $PULS Shares Acquired by World Investment Advisors

World Investment Advisors increased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 658.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,527 shares of the company’s stock after purchasing an additional 37,789 shares during the quarter. World Investment Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $2,155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in PGIM Ultra Short Bond ETF by 17.8% during the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after buying an additional 1,647,341 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% in the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after acquiring an additional 1,631,142 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 1,051.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after acquiring an additional 942,934 shares during the period. LPL Financial LLC increased its stake in PGIM Ultra Short Bond ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock valued at $552,837,000 after purchasing an additional 869,510 shares in the last quarter. Finally, Blue Water Asset Management acquired a new position in PGIM Ultra Short Bond ETF during the fourth quarter worth $40,936,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS traded up $0.01 during trading on Tuesday, reaching $49.59. 743,395 shares of the stock were exchanged, compared to its average volume of 2,773,844. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of -23.84 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The business’s 50 day moving average price is $49.63 and its two-hundred day moving average price is $49.65.

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.