Lido Advisors LLC Takes $4.71 Million Position in PGIM Ultra Short Bond ETF $PULS

Lido Advisors LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, Holdings Channel.com reports. The firm acquired 94,871 shares of the company’s stock, valued at approximately $4,705,000.

Several other institutional investors have also modified their holdings of PULS. Focus Partners Wealth lifted its holdings in shares of PGIM Ultra Short Bond ETF by 318.3% during the 1st quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock valued at $1,137,000 after purchasing an additional 17,394 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $330,000. Cerity Partners LLC acquired a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $273,000. Betterment LLC raised its position in PGIM Ultra Short Bond ETF by 5.2% in the 2nd quarter. Betterment LLC now owns 32,714 shares of the company’s stock valued at $1,628,000 after buying an additional 1,628 shares during the last quarter. Finally, Transamerica Financial Advisors LLC raised its position in PGIM Ultra Short Bond ETF by 6.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock valued at $2,748,000 after buying an additional 3,157 shares during the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.57 on Friday. The business’s 50 day simple moving average is $49.62 and its 200 day simple moving average is $49.67. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The firm has a market cap of $16.33 billion, a PE ratio of -23.83 and a beta of 0.02.

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.