Ridgeline Wealth LLC Acquires New Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Ridgeline Wealth LLC bought a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,441 shares of the company’s stock, valued at approximately $1,657,000. PGIM Ultra Short Bond ETF comprises approximately 1.4% of Ridgeline Wealth LLC’s portfolio, making the stock its 15th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 22.5% in the 2nd quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock worth $303,176,000 after purchasing an additional 1,122,069 shares during the last quarter. Temasek Holdings Private Ltd acquired a new stake in PGIM Ultra Short Bond ETF in the third quarter worth $50,039,000. JPMorgan Chase & Co. lifted its stake in PGIM Ultra Short Bond ETF by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock valued at $1,259,904,000 after buying an additional 989,710 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at $33,543,000. Finally, Cetera Investment Advisers grew its position in shares of PGIM Ultra Short Bond ETF by 84.1% during the second quarter. Cetera Investment Advisers now owns 1,111,646 shares of the company’s stock worth $55,249,000 after acquiring an additional 507,868 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of PULS stock traded up $0.01 during trading hours on Monday, reaching $49.59. The stock had a trading volume of 1,543,183 shares, compared to its average volume of 1,575,794. The firm has a 50-day simple moving average of $49.67 and a 200-day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81.

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.