PGIM Ultra Short Bond ETF $PULS is Clearwave Capital LLC’s Largest Position

Clearwave Capital LLC increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.9% in the first quarter, HoldingsChannel.com reports. The firm owned 155,999 shares of the company’s stock after buying an additional 17,836 shares during the quarter. PGIM Ultra Short Bond ETF makes up 5.3% of Clearwave Capital LLC’s holdings, making the stock its biggest holding. Clearwave Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $7,722,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PULS. Sound Income Strategies LLC grew its holdings in PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after purchasing an additional 525 shares during the period. Turim 21 Investimentos Ltda. acquired a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after buying an additional 513 shares in the last quarter. Kingdom Financial Group LLC. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $32,000. Finally, Blue Trust Inc. grew its stake in PGIM Ultra Short Bond ETF by 100,000.0% in the 4th quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock valued at $50,000 after acquiring an additional 1,000 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.59 on Wednesday. The stock has a market capitalization of $17.38 billion, a P/E ratio of -23.84 and a beta of 0.02. The company’s fifty day moving average price is $49.63 and its 200 day moving average price is $49.65. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 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.