PGIM Ultra Short Bond ETF $PULS Shares Purchased by Collective Family Office LLC

Collective Family Office LLC boosted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.7% in the second quarter, HoldingsChannel.com reports. The fund owned 118,481 shares of the company’s stock after purchasing an additional 13,385 shares during the period. PGIM Ultra Short Bond ETF accounts for 1.2% of Collective Family Office LLC’s holdings, making the stock its 27th largest position. Collective Family Office LLC’s holdings in PGIM Ultra Short Bond ETF were worth $5,871,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in PGIM Ultra Short Bond ETF by 56.7% during the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after purchasing an additional 1,715,376 shares during the period. Bank of America Corp DE grew its holdings in shares of PGIM Ultra Short Bond ETF by 17.8% in the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after purchasing an additional 1,647,341 shares in the last quarter. Kensington Asset Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 103.2% in the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock valued at $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. JPMorgan Chase & Co. increased its stake in PGIM Ultra Short Bond ETF by 4.3% during the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after buying an additional 1,631,142 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in PGIM Ultra Short Bond ETF by 1,051.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after buying an additional 942,934 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PGIM Ultra Short Bond ETF stock opened at $49.56 on Tuesday. The firm has a market cap of $17.37 billion, a PE ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The company’s 50 day moving average is $49.62 and its two-hundred day moving average 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.