Horst & Graben Wealth Management LLC Acquires Shares of 16,442 PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Horst & Graben Wealth Management LLC bought a new stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 16,442 shares of the company’s stock, valued at approximately $571,000. Horst & Graben Wealth Management LLC owned about 0.45% of PGIM Active High Yield Bond ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Park Avenue Securities LLC lifted its stake in PGIM Active High Yield Bond ETF by 1.3% in the fourth quarter. Park Avenue Securities LLC now owns 24,481 shares of the company’s stock valued at $850,000 after buying an additional 316 shares during the period. Rovin Capital UT ADV lifted its holdings in shares of PGIM Active High Yield Bond ETF by 2.2% during the 3rd quarter. Rovin Capital UT ADV now owns 23,280 shares of the company’s stock valued at $833,000 after purchasing an additional 492 shares in the last quarter. Townsquare Capital LLC boosted its holdings in shares of PGIM Active High Yield Bond ETF by 1.4% in the third quarter. Townsquare Capital LLC now owns 111,929 shares of the company’s stock valued at $4,007,000 after buying an additional 1,494 shares during the period. Garden State Investment Advisory Services LLC boosted its stake in PGIM Active High Yield Bond ETF by 9.5% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 21,466 shares of the company’s stock worth $769,000 after purchasing an additional 1,857 shares during the period. Finally, Austin Wealth Management LLC grew its holdings in shares of PGIM Active High Yield Bond ETF by 28.8% during the third quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock worth $341,000 after buying an additional 2,150 shares in the last quarter.

PGIM Active High Yield Bond ETF Stock Down 0.1 %

NYSEARCA PHYL opened at $35.26 on Friday. PGIM Active High Yield Bond ETF has a 12-month low of $33.91 and a 12-month high of $35.84. The firm’s 50 day moving average is $35.09 and its 200-day moving average is $35.17. The company has a market capitalization of $128.70 million, a PE ratio of 2.47 and a beta of 0.32.

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.