21,730 Shares in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,730 shares of the company’s stock, valued at approximately $755,000. Commonwealth Equity Services LLC owned about 0.60% of PGIM Active High Yield Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D acquired a new position in shares of PGIM Active High Yield Bond ETF in the 4th quarter valued at $12,159,000. Vestmark Advisory Solutions Inc. boosted its stake in PGIM Active High Yield Bond ETF by 11.7% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 246,898 shares of the company’s stock valued at $8,577,000 after acquiring an additional 25,791 shares in the last quarter. Goodwin Investment Advisory purchased a new position in shares of PGIM Active High Yield Bond ETF during the fourth quarter worth about $8,231,000. PFW Advisors LLC purchased a new position in PGIM Active High Yield Bond ETF during the 4th quarter worth approximately $4,744,000. Finally, Signal Advisors Wealth LLC increased its holdings in shares of PGIM Active High Yield Bond ETF by 98.1% in the 4th quarter. Signal Advisors Wealth LLC now owns 123,588 shares of the company’s stock valued at $4,327,000 after acquiring an additional 61,186 shares during the period.

PGIM Active High Yield Bond ETF Stock Up 0.1 %

Shares of PHYL stock opened at $34.73 on Thursday. The stock’s 50-day moving average price is $35.10 and its 200 day moving average price is $35.19. The stock has a market capitalization of $267.42 million, a PE ratio of 2.50 and a beta of 0.48. PGIM Active High Yield Bond ETF has a 52-week low of $33.91 and a 52-week high of $35.84.

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.