PGIM Ultra Short Bond ETF $PULS Stock Bought by First Citizens Financial Corp
by Jessica Moore · The Cerbat GemFirst Citizens Financial Corp raised its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 29.4% during the third quarter, HoldingsChannel reports. The fund owned 76,427 shares of the company’s stock after acquiring an additional 17,347 shares during the quarter. PGIM Ultra Short Bond ETF accounts for approximately 1.6% of First Citizens Financial Corp’s investment portfolio, making the stock its 20th largest holding. First Citizens Financial Corp’s holdings in PGIM Ultra Short Bond ETF were worth $3,780,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of PGIM Ultra Short Bond ETF by 4.3% during the 4th 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. LPL Financial LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock valued at $552,837,000 after buying an additional 869,510 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 22.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after buying an additional 918,258 shares during the period. Cetera Investment Advisers grew its stake in shares of 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 valued at $234,585,000 after buying an additional 1,715,376 shares during the last quarter. Finally, Kensington Asset Management LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 103.2% during the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock valued at $159,726,000 after buying an additional 1,638,630 shares during the last quarter. Institutional investors own 72.71% of the company’s stock.
PGIM Ultra Short Bond ETF Stock Performance
Shares of NYSEARCA PULS remained flat at $49.47 during midday trading on Friday. The stock had a trading volume of 4,161,054 shares, compared to its average volume of 2,863,641. The business’s 50-day moving average price is $49.61 and its 200 day moving average price is $49.62. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.83. The firm has a market capitalization of $19.49 billion, a price-to-earnings ratio of -23.78 and a beta of 0.02.
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. PULS was launched on Apr 5, 2018 and is managed by PGIM.
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