Crane Advisory LLC Has $89.38 Million Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Crane Advisory LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,802,695 shares of the company’s stock after buying an additional 393,901 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 15.7% of Crane Advisory LLC’s investment portfolio, making the stock its 2nd biggest position. Crane Advisory LLC’s holdings in PGIM Ultra Short Bond ETF were worth $89,378,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in PGIM Ultra Short Bond ETF by 500.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 28,446 shares of the company’s stock worth $1,414,000 after buying an additional 23,706 shares during the period. Thoroughbred Financial Services LLC bought a new position in PGIM Ultra Short Bond ETF in the 2nd quarter worth about $310,000. Envestnet Asset Management Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 102.0% during the second quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock worth $41,060,000 after acquiring an additional 417,210 shares during the period. Excalibur Management Corp raised its stake in shares of PGIM Ultra Short Bond ETF by 10.9% during the second quarter. Excalibur Management Corp now owns 5,887 shares of the company’s stock valued at $293,000 after acquiring an additional 578 shares in the last quarter. Finally, Perennial Investment Advisors LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter valued at approximately $232,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS opened at $49.62 on Tuesday. The business’s 50 day moving average is $49.66 and its 200 day moving average is $49.65. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.81.

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.