J.W. Cole Advisors Inc. Boosts Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

J.W. Cole Advisors Inc. boosted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 41.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,336 shares of the company’s stock after buying an additional 15,453 shares during the quarter. J.W. Cole Advisors Inc. owned approximately 0.06% of PGIM Ultra Short Bond ETF worth $2,585,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its stake in shares of PGIM Ultra Short Bond ETF by 3.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,692,887 shares of the company’s stock worth $1,123,071,000 after purchasing an additional 829,290 shares during the period. Morgan Stanley lifted its stake in shares of PGIM Ultra Short Bond ETF by 21.1% during the 3rd quarter. Morgan Stanley now owns 8,686,716 shares of the company’s stock worth $429,906,000 after purchasing an additional 1,514,744 shares during the period. FMR LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 34,882,000.0% during the 3rd quarter. FMR LLC now owns 7,674,062 shares of the company’s stock worth $379,789,000 after purchasing an additional 7,674,040 shares during the period. LPL Financial LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 3,100,802 shares of the company’s stock worth $153,459,000 after buying an additional 524,082 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of PGIM Ultra Short Bond ETF by 2.8% during the 3rd quarter. Royal Bank of Canada now owns 2,035,695 shares of the company’s stock worth $100,747,000 after buying an additional 56,284 shares during the last quarter.

PGIM Ultra Short Bond ETF Trading Up 0.0 %

Shares of PULS stock traded up $0.02 on Friday, reaching $49.62. 1,293,197 shares of the stock were exchanged, compared to its average volume of 1,237,450. PGIM Ultra Short Bond ETF has a 1-year low of $49.12 and a 1-year high of $49.71. The firm has a 50 day moving average of $49.58 and a two-hundred day moving average of $49.49.

PGIM Ultra Short Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2443 per share. This is an increase from PGIM Ultra Short Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, April 1st.

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.