Wealthcare Advisory Partners LLC Has $5 Million Holdings in PGIM Ultra Short Bond ETF $PULS

by · The Cerbat Gem

Wealthcare Advisory Partners LLC cut its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 74.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,879 shares of the company’s stock after selling 295,807 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,999,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Cetera Investment Advisers grew its position in PGIM Ultra Short Bond ETF by 56.7% during the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after buying an additional 1,715,376 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after purchasing an additional 1,647,341 shares in the last quarter. Kensington Asset Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 103.2% during the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of PGIM Ultra Short Bond ETF by 4.3% in the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in PGIM Ultra Short Bond ETF by 1,051.8% in the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after purchasing an additional 942,934 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.60 on Wednesday. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The company has a 50-day simple moving average of $49.62 and a 200 day simple moving average of $49.64. The stock has a market capitalization of $17.38 billion, a price-to-earnings ratio of -23.85 and a beta of 0.02.

PGIM Ultra Short Bond ETF Company Profile

(Free Report)

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.

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