JPMorgan Chase & Co. Buys 3,027,670 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

JPMorgan Chase & Co. increased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,337,110 shares of the company’s stock after purchasing an additional 3,027,670 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.21% of PGIM Ultra Short Bond ETF worth $1,404,104,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 39.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock worth $41,000 after buying an additional 232 shares in the last quarter. Blue Trust Inc. bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth $46,000. Kestra Investment Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth $50,000. Bank of Jackson Hole Trust acquired a new position in PGIM Ultra Short Bond ETF in the 4th quarter worth about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in PGIM Ultra Short Bond ETF by 89.1% in the fourth 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 Performance

NYSEARCA:PULS opened at $49.69 on Friday. The stock’s 50-day moving average is $49.66 and its 200-day moving average is $49.67. PGIM Ultra Short Bond ETF has a 1-year low of $48.47 and a 1-year high of $49.81.

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.