PGIM Ultra Short Municipal Bond ETF

PUSH

Market cap $40.4M

Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants may finally be willing to break out of their comfort zones and redeploy those funds into riskier assets.

This week's edition of the ETF Prime podcast saw host Nate Geraci invite VettaFi Investment Strategist Cinthia Murphy to tour the key trends in new ETFs right now. Later, Tradr ETFs Head of Product and Capital Markets Matt Markovich joined the show to discuss his firm's calendar reset leveraged ETFs.

On Friday, PGIM, the investment wing of Prudential Financial, closed out the week with the launch of two new active ETFs. Both the PGIM Ultra Short Municipal Bond ETF (PUSH) and the PGIM Municipal Income Opportunities ETF (PMIO) invest in municipal bonds.