PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Stake Raised by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 500.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,446 shares of the company’s stock after purchasing an additional 23,706 shares during the period. Bank of New York Mellon Corp’s holdings in PGIM Ultra Short Bond ETF were worth $1,414,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. TD Capital Management LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth $26,000. Concourse Financial Group Securities Inc. acquired a new stake in PGIM Ultra Short Bond ETF in the second quarter valued at approximately $45,000. Principal Securities Inc. bought a new stake in PGIM Ultra Short Bond ETF in the fourth quarter worth approximately $51,000. Bogart Wealth LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the 1st quarter worth $65,000. Finally, Scarborough Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth $139,000.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.70 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.78. The business has a 50 day moving average price of $49.64 and a 200 day moving average price of $49.61.

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.