IHT Wealth Management LLC Has $14.27 Million Holdings in PGIM Ultra Short Bond ETF $PULS

IHT Wealth Management LLC boosted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 253.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 287,689 shares of the company’s stock after purchasing an additional 206,395 shares during the quarter. IHT Wealth Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $14,266,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Spinnaker Investment Group LLC raised its stake in PGIM Ultra Short Bond ETF by 3.6% in the fourth quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock valued at $286,000 after purchasing an additional 202 shares in the last quarter. JT Stratford LLC raised its stake in PGIM Ultra Short Bond ETF by 2.3% in the third quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock valued at $501,000 after purchasing an additional 222 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in PGIM Ultra Short Bond ETF by 9.4% in the fourth quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock valued at $208,000 after purchasing an additional 361 shares in the last quarter. Captrust Financial Advisors raised its stake in PGIM Ultra Short Bond ETF by 2.0% in the second quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock valued at $898,000 after purchasing an additional 361 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. raised its stake in PGIM Ultra Short Bond ETF by 3.3% in the third quarter. Financial Engines Advisors L.L.C. now owns 12,489 shares of the company’s stock valued at $622,000 after purchasing an additional 396 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Down 0.1%

PULS stock opened at $49.61 on Thursday. The company has a market cap of $17.12 billion, a PE ratio of -23.85 and a beta of 0.02. The business has a 50-day simple moving average of $49.63 and a 200 day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

About PGIM Ultra Short Bond ETF

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.