Macco Financial Group Inc. Acquires New Shares in PGIM Ultra Short Bond ETF $PULS

Macco Financial Group Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,123 shares of the company’s stock, valued at approximately $1,244,000. PGIM Ultra Short Bond ETF makes up about 0.9% of Macco Financial Group Inc.’s investment portfolio, making the stock its 15th largest position.

Other large investors have also added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its stake in PGIM Ultra Short Bond ETF by 19.6% during the third quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock valued at $7,595,000 after acquiring an additional 25,105 shares in the last quarter. Seed Wealth Management Inc. increased its holdings in PGIM Ultra Short Bond ETF by 297.1% during the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after acquiring an additional 74,905 shares during the period. Aptus Capital Advisors LLC lifted its stake in PGIM Ultra Short Bond ETF by 6.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock worth $28,738,000 after purchasing an additional 33,902 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in PGIM Ultra Short Bond ETF by 1,066.8% in the 4th quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock worth $9,250,000 after purchasing an additional 170,546 shares in the last quarter. Finally, BlueStem Wealth Partners LLC boosted its holdings in PGIM Ultra Short Bond ETF by 19.5% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock valued at $5,271,000 after purchasing an additional 17,289 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.70 on Monday. The company has a fifty day moving average price of $49.64 and a 200-day moving average price of $49.66. The firm has a market capitalization of $17.39 billion, a P/E ratio of -23.89 and a beta of 0.02. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year 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.