JPMorgan Chase & Co. Has $1.25 Billion Stock Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

JPMorgan Chase & Co. reduced its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 25,058,016 shares of the company’s stock after selling 1,105,445 shares during the quarter. JPMorgan Chase & Co. owned approximately 19.17% of PGIM Ultra Short Bond ETF worth $1,245,383,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of PULS. Stratos Wealth Partners LTD. boosted its holdings in PGIM Ultra Short Bond ETF by 26.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 230,963 shares of the company’s stock valued at $11,407,000 after acquiring an additional 48,701 shares during the last quarter. Crane Advisory LLC increased its position in shares of PGIM Ultra Short Bond ETF by 8.9% during the fourth quarter. Crane Advisory LLC now owns 919,112 shares of the company’s stock worth $45,432,000 after buying an additional 75,469 shares during the period. Prevail Innovative Wealth Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF by 51.8% during the first quarter. Prevail Innovative Wealth Advisors LLC now owns 19,730 shares of the company’s stock worth $981,000 after buying an additional 6,736 shares during the period. Cetera Advisor Networks LLC raised its stake in PGIM Ultra Short Bond ETF by 4.1% during the fourth quarter. Cetera Advisor Networks LLC now owns 416,780 shares of the company’s stock worth $20,585,000 after buying an additional 16,264 shares during the last quarter. Finally, Ironwood Wealth Management Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 1.8% in the fourth quarter. Ironwood Wealth Management Inc. now owns 363,386 shares of the company’s stock valued at $17,988,000 after buying an additional 6,567 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $49.64. 952,243 shares of the company’s stock were exchanged, compared to its average volume of 1,310,847. The firm’s 50 day simple moving average is $49.62 and its 200 day simple moving average is $49.59. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.75.

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.