LPL Financial LLC Raises Stock Position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

LPL Financial LLC increased its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 14.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,431 shares of the company’s stock after purchasing an additional 5,808 shares during the period. LPL Financial LLC owned approximately 1.72% of PGIM Active High Yield Bond ETF worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. UBS Group AG purchased a new position in PGIM Active High Yield Bond ETF in the second quarter valued at $25,000. Ameritas Advisory Services LLC purchased a new position in PGIM Active High Yield Bond ETF in the first quarter valued at $63,000. Royal Bank of Canada purchased a new position in PGIM Active High Yield Bond ETF in the first quarter valued at $94,000. Commonwealth Equity Services LLC increased its holdings in PGIM Active High Yield Bond ETF by 22.5% in the third quarter. Commonwealth Equity Services LLC now owns 15,184 shares of the company’s stock valued at $498,000 after buying an additional 2,787 shares in the last quarter. Finally, First Citizens Financial Corp purchased a new position in PGIM Active High Yield Bond ETF in the second quarter valued at $590,000.

PGIM Active High Yield Bond ETF Trading Down 0.1 %

Shares of NYSEARCA PHYL opened at $33.19 on Tuesday. The company’s 50-day simple moving average is $33.21 and its 200-day simple moving average is $33.70. PGIM Active High Yield Bond ETF has a 52-week low of $32.42 and a 52-week high of $34.99.

PGIM Active High Yield Bond ETF Profile

The PGIM Active High Yield Bond ETF (PHYL) is an exchange-traded fund that is based on the Bloomberg US High Yield Very Liquid index. The fund is an actively managed portfolio of high yield bonds. The fund seeks total return. PHYL was launched on Sep 24, 2018 and is managed by PGIM.