Commonwealth Retirement Investments LLC Has $4.39 Million Holdings in PGIM Ultra Short Bond ETF $PULS

Commonwealth Retirement Investments LLC lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,605 shares of the company’s stock after buying an additional 13,389 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 1.4% of Commonwealth Retirement Investments LLC’s holdings, making the stock its 18th largest position. Commonwealth Retirement Investments LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,394,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of PULS. Sound Income Strategies LLC increased its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares during the period. Turim 21 Investimentos Ltda. acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $30,000. Rossby Financial LCC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 394.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth $32,000. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.57 on Tuesday. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The company has a fifty day moving average of $49.62 and a 200-day moving average of $49.67. The stock has a market cap of $16.37 billion, a PE ratio of -23.83 and a beta of 0.02.

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.