Stewardship Concepts Financial Services LLC Acquires 46,404 Shares of PGIM Ultra Short Bond ETF $PULS

Stewardship Concepts Financial Services LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 46,404 shares of the company’s stock, valued at approximately $2,295,000. PGIM Ultra Short Bond ETF accounts for 1.5% of Stewardship Concepts Financial Services LLC’s portfolio, making the stock its 21st biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in PULS. Cetera Investment Advisers grew its holdings in shares of PGIM Ultra Short Bond ETF by 56.7% in the 1st 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 last quarter. Kensington Asset Management LLC lifted its holdings in PGIM Ultra Short Bond ETF by 103.2% during the 1st 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 during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 valued at $1,954,378,000 after purchasing an additional 1,631,142 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in PGIM Ultra Short Bond ETF by 22.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after buying an additional 918,258 shares in the last quarter. Finally, LPL Financial LLC boosted its position in PGIM Ultra Short Bond ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock valued at $552,837,000 after buying an additional 869,510 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

PGIM Ultra Short Bond ETF stock traded up $0.02 during trading hours on Tuesday, hitting $49.49. 3,402,608 shares of the stock were exchanged, compared to its average volume of 2,867,579. The stock has a market capitalization of $19.37 billion, a P/E ratio of -23.79 and a beta of 0.02. The business’s 50-day moving average is $49.60 and its two-hundred day moving average is $49.62. PGIM Ultra Short Bond ETF has a 12 month low of $49.45 and a 12 month high of $49.83.

PGIM Ultra Short Bond ETF Company 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.