PGIM Ultra Short Bond ETF $PULS Shares Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 675,621 shares of the company’s stock after purchasing an additional 58,712 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 0.7% of Valeo Financial Advisors LLC’s holdings, making the stock its 27th largest position. Valeo Financial Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $33,477,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Worth Asset Management LLC grew its position in PGIM Ultra Short Bond ETF by 16.3% in the second quarter. Worth Asset Management LLC now owns 15,998 shares of the company’s stock worth $793,000 after acquiring an additional 2,237 shares during the period. First Heartland Consultants Inc. raised its position in PGIM Ultra Short Bond ETF by 11.1% in the second quarter. First Heartland Consultants Inc. now owns 38,477 shares of the company’s stock valued at $1,907,000 after purchasing an additional 3,836 shares during the period. Fermata Advisors LLC raised its position in PGIM Ultra Short Bond ETF by 33.0% in the second quarter. Fermata Advisors LLC now owns 96,693 shares of the company’s stock valued at $4,791,000 after purchasing an additional 24,009 shares during the period. Ridgeline Wealth LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 17.9% in the 2nd quarter. Ridgeline Wealth LLC now owns 50,817 shares of the company’s stock valued at $2,518,000 after purchasing an additional 7,714 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 30.5% in the 2nd quarter. CoreCap Advisors LLC now owns 8,993 shares of the company’s stock valued at $446,000 after purchasing an additional 2,101 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA PULS opened at $49.59 on Friday. The stock has a market cap of $17.38 billion, a PE ratio of -23.84 and a beta of 0.02. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The stock has a fifty day simple moving average of $49.62 and a 200-day simple moving average of $49.64.

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.