PGIM Ultra Short Bond ETF $PULS Position Raised by Nilsine Partners LLC

Nilsine Partners LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 35.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,134 shares of the company’s stock after acquiring an additional 22,159 shares during the quarter. Nilsine Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,172,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in PGIM Ultra Short Bond ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after purchasing an additional 4,065,547 shares during the last quarter. Bank of America Corp DE grew its position in PGIM Ultra Short Bond ETF by 17.8% in the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after purchasing an additional 1,647,341 shares during the last quarter. Ameriprise Financial Inc. grew its position in PGIM Ultra Short Bond ETF by 1,051.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after purchasing an additional 942,934 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of PGIM Ultra Short Bond ETF by 39.8% in the third quarter. Jones Financial Companies Lllp now owns 2,163,891 shares of the company’s stock valued at $107,762,000 after purchasing an additional 615,683 shares during the period. Finally, UBS Group AG increased its stake in shares of PGIM Ultra Short Bond ETF by 16.9% in the third quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock valued at $204,420,000 after purchasing an additional 591,642 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Down 0.3%

PULS opened at $49.50 on Wednesday. The business’s 50 day moving average is $49.68 and its 200-day moving average is $49.70. The stock has a market cap of $14.52 billion, a PE ratio of -23.80 and a beta of 0.01. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84.

PGIM Ultra Short Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1654 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, March 2nd. PGIM Ultra Short Bond ETF’s dividend payout ratio (DPR) is currently -112.02%.

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.