Thoroughbred Financial Services LLC Raises Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Thoroughbred Financial Services LLC lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 81.7% during the 4th quarter, Holdings Channel reports. The fund owned 37,006 shares of the company’s stock after buying an additional 16,645 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,833,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tradewinds LLC. increased its position in PGIM Ultra Short Bond ETF by 536.9% during the fourth quarter. Tradewinds LLC. now owns 25,942 shares of the company’s stock worth $1,287,000 after purchasing an additional 21,869 shares during the last quarter. Prevail Innovative Wealth Advisors LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 12.6% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 22,887 shares of the company’s stock worth $1,134,000 after buying an additional 2,564 shares during the last quarter. Vertex Planning Partners LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $7,447,000. JPMorgan Chase & Co. lifted its holdings in PGIM Ultra Short Bond ETF by 12.0% in the fourth quarter. JPMorgan Chase & Co. now owns 28,337,110 shares of the company’s stock valued at $1,404,104,000 after acquiring an additional 3,027,670 shares during the last quarter. Finally, Excalibur Management Corp grew its position in PGIM Ultra Short Bond ETF by 70.1% in the fourth quarter. Excalibur Management Corp now owns 11,189 shares of the company’s stock worth $554,000 after acquiring an additional 4,611 shares during the period.

PGIM Ultra Short Bond ETF Price Performance

PULS stock opened at $49.53 on Friday. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.81. The business has a fifty day moving average of $49.65 and a two-hundred day moving average of $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.