KWB Wealth Invests $233,000 in PGIM Active High Yield Bond ETF $PHYL

KWB Wealth acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,702 shares of the company’s stock, valued at approximately $233,000. KWB Wealth owned approximately 0.07% of PGIM Active High Yield Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Mendota Financial Group LLC purchased a new position in PGIM Active High Yield Bond ETF during the first quarter worth about $53,000. Financial Network Wealth Advisors LLC increased its stake in PGIM Active High Yield Bond ETF by 40.0% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $57,000 after buying an additional 469 shares during the period. Capital Analysts LLC acquired a new stake in PGIM Active High Yield Bond ETF during the 1st quarter worth approximately $131,000. Gen Wealth Partners Inc boosted its position in PGIM Active High Yield Bond ETF by 14.3% in the 1st quarter. Gen Wealth Partners Inc now owns 4,026 shares of the company’s stock valued at $140,000 after buying an additional 503 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the first quarter worth $216,000.

PGIM Active High Yield Bond ETF Trading Up 0.1%

PGIM Active High Yield Bond ETF stock opened at $35.72 on Friday. The stock’s fifty day simple moving average is $35.56 and its 200-day simple moving average is $35.03. The firm has a market capitalization of $453.64 million, a P/E ratio of 2.48 and a beta of 0.45. PGIM Active High Yield Bond ETF has a twelve month low of $32.98 and a twelve month 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.