16,464 Shares in PGIM Ultra Short Bond ETF $PULS Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC bought a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 16,464 shares of the company’s stock, valued at approximately $814,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cypress Capital LLC lifted its stake in PGIM Ultra Short Bond ETF by 11.9% in the third quarter. Cypress Capital LLC now owns 56,166 shares of the company’s stock worth $2,778,000 after acquiring an additional 5,958 shares during the period. Focused Alpha LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 30.1% during the third quarter. Focused Alpha LLC now owns 218,570 shares of the company’s stock valued at $10,810,000 after purchasing an additional 50,608 shares in the last quarter. Tenet Wealth Partners LLC grew its stake in PGIM Ultra Short Bond ETF by 71.7% in the third quarter. Tenet Wealth Partners LLC now owns 7,912 shares of the company’s stock worth $391,000 after purchasing an additional 3,304 shares during the period. Prairie Advisory LLC raised its holdings in PGIM Ultra Short Bond ETF by 124.8% in the third quarter. Prairie Advisory LLC now owns 717,018 shares of the company’s stock worth $35,464,000 after purchasing an additional 398,072 shares in the last quarter. Finally, LexAurum Advisors LLC grew its position in shares of PGIM Ultra Short Bond ETF by 7.4% in the 3rd quarter. LexAurum Advisors LLC now owns 21,662 shares of the company’s stock worth $1,071,000 after buying an additional 1,489 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.58 on Friday. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.45 and a fifty-two week high of $49.83. The firm’s 50-day simple moving average is $49.58 and its two-hundred day simple moving average is $49.61. The stock has a market cap of $19.80 billion, a PE ratio of -23.84 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.