After researching various options and seeing the consistent returns of the PGIM Ultra Short Bond ETF (PULS), I think it's a great move to invest in it. With a solid 5.4% dividend yield and minimal risk, it makes sense to switch from less stable accounts to something like PULS for better returns without the hassle of fluctuating rates.

I'm considering PULS for my cash alternative because it offers a solid 5.5% return with lower volatility compared to other options. The diversification from over 100 corporate bonds makes it a safer investment while providing monthly dividends, which is perfect for my strategy of waiting for the right time to reinvest.

I believe PULS is a solid investment-grade ultrashort corporate bonds ETF. It's liquid, has minimal price changes, and offers a decent yield of about 5.5% with a low expense ratio. This looks like a stable place to park some cash while earning monthly dividends.