IAG Wealth Partners LLC Acquires 26,247 Shares of PGIM Ultra Short Bond ETF $PULS

IAG Wealth Partners LLC increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 456,106 shares of the company’s stock after buying an additional 26,247 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 2.1% of IAG Wealth Partners LLC’s portfolio, making the stock its 20th largest position. IAG Wealth Partners LLC owned 0.11% of PGIM Ultra Short Bond ETF worth $22,559,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in PGIM Ultra Short Bond ETF by 22.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after acquiring an additional 918,258 shares during the period. Cetera Investment Advisers lifted its holdings in shares of PGIM Ultra Short Bond ETF by 56.7% during the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after purchasing an additional 1,715,376 shares during the period. Kensington Asset Management LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 103.2% during the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares during the period. Royal Bank of Canada grew its stake in shares of PGIM Ultra Short Bond ETF by 2.5% in the first quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after purchasing an additional 59,415 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in shares of PGIM Ultra Short Bond ETF in the third quarter worth $107,873,000. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Down 0.0%

NYSEARCA PULS opened at $49.51 on Friday. The company has a market capitalization of $19.84 billion, a price-to-earnings ratio of -23.80 and a beta of 0.02. PGIM Ultra Short Bond ETF has a twelve month low of $49.45 and a twelve month high of $49.82. The stock has a fifty day simple moving average of $49.55 and a 200 day simple moving average of $49.62.

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.