Howard Capital Management Inc. Has $1.24 Million Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Howard Capital Management Inc. raised its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 24,923 shares of the company’s stock after acquiring an additional 557 shares during the quarter. Howard Capital Management Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $1,239,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BankPlus Wealth Management LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 5.7% during the 1st quarter. BankPlus Wealth Management LLC now owns 4,311 shares of the company’s stock worth $214,000 after purchasing an additional 232 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 6.7% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 5,720 shares of the company’s stock worth $285,000 after purchasing an additional 360 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 41.8% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,794 shares of the company’s stock worth $89,000 after purchasing an additional 529 shares during the last quarter. Retirement Planning Group LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 1.3% during the 1st quarter. Retirement Planning Group LLC now owns 42,448 shares of the company’s stock worth $2,111,000 after purchasing an additional 536 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 101.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,250 shares of the company’s stock worth $62,000 after purchasing an additional 628 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock opened at $49.76 on Thursday. The firm has a market capitalization of $11.87 billion, a PE ratio of -23.92 and a beta of 0.04. The company’s 50-day moving average is $49.67 and its 200-day moving average is $49.63. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 and a fifty-two week high of $49.81.

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.