Fjell Capital LLC Invests $3.39 Million in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Fjell Capital LLC bought a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,551 shares of the company’s stock, valued at approximately $3,389,000. PGIM Active High Yield Bond ETF comprises about 3.5% of Fjell Capital LLC’s portfolio, making the stock its 8th biggest position. Fjell Capital LLC owned 2.67% of PGIM Active High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in PHYL. State of New Jersey Common Pension Fund D bought a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at approximately $12,159,000. PFW Advisors LLC bought a new position in PGIM Active High Yield Bond ETF in the 4th quarter worth $4,744,000. Signal Advisors Wealth LLC lifted its position in PGIM Active High Yield Bond ETF by 98.1% during the fourth quarter. Signal Advisors Wealth LLC now owns 123,588 shares of the company’s stock valued at $4,327,000 after purchasing an additional 61,186 shares in the last quarter. CacheTech Inc. lifted its position in shares of PGIM Active High Yield Bond ETF by 7.4% during the 3rd quarter. CacheTech Inc. now owns 115,267 shares of the company’s stock valued at $4,127,000 after buying an additional 7,903 shares in the last quarter. Finally, Townsquare Capital LLC grew its stake in shares of PGIM Active High Yield Bond ETF by 1.4% during the 3rd quarter. Townsquare Capital LLC now owns 111,929 shares of the company’s stock valued at $4,007,000 after acquiring an additional 1,494 shares during the period.

PGIM Active High Yield Bond ETF Price Performance

Shares of NYSEARCA PHYL opened at $35.35 on Wednesday. PGIM Active High Yield Bond ETF has a 1 year low of $33.91 and a 1 year high of $35.84. The firm has a fifty day moving average price of $35.05 and a 200-day moving average price of $35.22. The stock has a market cap of $254.52 million, a PE ratio of 2.53 and a beta of 0.46.

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.