Americana Partners LLC raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 12.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,459 shares of the company’s stock after purchasing an additional 18,772 shares during the period. Americana Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $8,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers lifted its stake in PGIM Ultra Short Bond ETF by 56.7% in the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after acquiring an additional 1,715,376 shares during the last quarter. Kensington Asset Management LLC increased its holdings in 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 buying an additional 1,638,630 shares during the last quarter. Financial Management Professionals Inc. purchased a new position in PGIM Ultra Short Bond ETF in the third quarter valued at $50,482,000. PNC Financial Services Group Inc. raised its stake 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, NewEdge Advisors LLC raised its stake in PGIM Ultra Short Bond ETF by 56.8% in the second quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock valued at $101,561,000 after buying an additional 742,333 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Price Performance
Shares of NYSEARCA PULS opened at $49.48 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.83. The company has a market capitalization of $19.74 billion, a price-to-earnings ratio of -23.79 and a beta of 0.02. The business has a 50-day moving average of $49.58 and a two-hundred day moving average of $49.63.
PGIM Ultra Short Bond ETF 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.
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