Concurrent Investment Advisors 13F: Adds $38M to PULS Stake

Concurrent Investment Advisors boosted its stake in the PGIM Ultra Short Bond ETF (PULS) in a filing on October 16, 2026. The firm added 767,746 shares, increasing its total holdings to 799,575 shares valued at approximately $39.5 million.

What Changed in Concurrent Investment Advisors' PGIM Ultra Short Bond ETF Position

Concurrent Investment Advisors significantly increased its position by 2412.1%, growing its holdings from 31,829 shares to 799,575 shares. This substantial boost may indicate a strong belief in the fund's potential performance amid changing interest rates in the bond market.

PGIM Ultra Short Bond ETF Stock Holds Steady

The PGIM Ultra Short Bond ETF recently traded around $49.56. This price is slightly below its 52-week high of $49.83, indicating that the ETF has seen some price pressure but remains above its 52-week low of $49.45. The fund's price is also about equal to its 50-day and 200-day moving averages, suggesting stability in its recent performance.

Recent Earnings

There are no recent earnings data available for the PGIM Ultra Short Bond ETF, so insights into its financial performance are limited at this time.

Dividend

The PGIM Ultra Short Bond ETF offers a dividend yield of 4.78%, which could be appealing to income-focused investors. The firm aims to provide consistent income through its investment strategy, which focuses on short-term fixed income instruments.

Analysts Set New Price Targets

No analyst ratings or price targets have been set for the PGIM Ultra Short Bond ETF at this time, reflecting the lack of recent coverage.

About PGIM Ultra Short Bond ETF

The PGIM Ultra Short Bond ETF invests primarily in investment-grade, U.S. dollar-denominated short-term debt instruments. It aims to maintain a portfolio duration of one year or less and a weighted average maturity of three years or less. This strategy is designed to provide stability and income amid market fluctuations.

Bottom Line

Investors should watch for any further moves by Concurrent Investment Advisors in the PGIM Ultra Short Bond ETF as well as any upcoming earnings reports for insights into the fund's ongoing performance. Keep in mind that the filing reflects holdings as of the reporting period and may not represent the investor's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.