PGIM Ultra Short Bond ETF $PULS Stock Holdings Boosted by Main Street Group LTD

Main Street Group LTD lifted its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 691,820 shares of the company’s stock after acquiring an additional 10,615 shares during the quarter. PGIM Ultra Short Bond ETF makes up approximately 10.1% of Main Street Group LTD’s portfolio, making the stock its 3rd largest position. Main Street Group LTD’s holdings in PGIM Ultra Short Bond ETF were worth $34,473,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in PGIM Ultra Short Bond ETF by 11.6% in the third quarter. PNC Financial Services Group Inc. now owns 3,799,980 shares of the company’s stock worth $189,353,000 after purchasing an additional 396,495 shares during the last quarter. HighTower Advisors LLC boosted its holdings in PGIM Ultra Short Bond ETF by 19.6% in the 3rd quarter. HighTower Advisors LLC now owns 237,047 shares of the company’s stock worth $11,812,000 after buying an additional 38,866 shares during the period. Leisure Capital Management grew its position in shares of PGIM Ultra Short Bond ETF by 5.6% in the third quarter. Leisure Capital Management now owns 126,558 shares of the company’s stock valued at $6,306,000 after purchasing an additional 6,715 shares in the last quarter. Good Steward Wealth Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 32.8% during the 3rd quarter. Good Steward Wealth Advisors LLC now owns 255,133 shares of the company’s stock valued at $12,713,000 after buying an additional 63,049 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in PGIM Ultra Short Bond ETF by 667.4% during the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock worth $34,000 after acquiring an additional 594 shares during the period. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.1%

Shares of NYSEARCA PULS opened at $49.72 on Friday. The stock’s 50-day simple moving average is $49.70 and its two-hundred day simple moving average is $49.72. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84. The firm has a market capitalization of $13.35 billion, a P/E ratio of -23.90 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1844 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.5%. PGIM Ultra Short Bond ETF’s payout ratio is presently -112.98%.

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.