Verus Capital Partners LLC Acquires New Shares in PGIM Ultra Short Bond ETF $PULS

Verus Capital Partners LLC acquired a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 92,778 shares of the company’s stock, valued at approximately $4,601,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares during the period. Turim 21 Investimentos Ltda. bought a new position in PGIM Ultra Short Bond ETF in the 3rd quarter worth $30,000. Rossby Financial LCC bought a new position in PGIM Ultra Short Bond ETF in the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in PGIM Ultra Short Bond ETF by 394.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. bought a new position in PGIM Ultra Short Bond ETF in the 4th quarter worth $32,000. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.57 on Thursday. The business’s 50-day simple moving average is $49.63 and its two-hundred day simple moving average is $49.67. The stock has a market cap of $14.54 billion, a PE ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

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.