Prudential Financial Inc. Has $1.10 Billion Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Prudential Financial Inc. increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 51.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,115,385 shares of the company’s stock after purchasing an additional 7,560,005 shares during the quarter. PGIM Ultra Short Bond ETF accounts for approximately 1.5% of Prudential Financial Inc.’s investment portfolio, making the stock its 9th largest position. Prudential Financial Inc. owned 0.16% of PGIM Ultra Short Bond ETF worth $1,095,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 39.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter valued at approximately $46,000. Kestra Investment Management LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $50,000. Bank of Jackson Hole Trust acquired a new position in PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in PGIM Ultra Short Bond ETF by 89.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $63,000 after purchasing an additional 596 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

NYSEARCA PULS opened at $49.66 on Monday. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81. The firm’s fifty day moving average price is $49.66 and its two-hundred day moving average price is $49.67.

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.