PGIM Ultra Short Bond ETF $PULS Shares Sold by Main Street Group LTD

Main Street Group LTD decreased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 3.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 659,316 shares of the company’s stock after selling 21,576 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 9.6% of Main Street Group LTD’s holdings, making the stock its 3rd biggest position. Main Street Group LTD’s holdings in PGIM Ultra Short Bond ETF were worth $32,636,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% during the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock valued at $1,954,378,000 after buying an additional 1,631,142 shares during the last quarter. Morgan Stanley grew its holdings in PGIM Ultra Short Bond ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 16,551,738 shares of the company’s stock worth $820,801,000 after buying an additional 203,799 shares in the last quarter. LPL Financial LLC grew its holdings 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 worth $552,837,000 after buying an additional 869,510 shares in the last quarter. Bank of America Corp DE raised its stake in PGIM Ultra Short Bond ETF by 2.0% during the 3rd quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock valued at $555,066,000 after acquiring an additional 215,246 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in PGIM Ultra Short Bond ETF by 4.8% during the 4th quarter. Wells Fargo & Company MN now owns 7,774,354 shares of the company’s stock valued at $385,530,000 after acquiring an additional 356,553 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.62 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year high of $49.84. The firm has a market capitalization of $17.39 billion, a PE ratio of -23.86 and a beta of 0.02. The stock has a fifty day moving average of $49.62 and a two-hundred day moving average of $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.