PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) Stake Increased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC raised its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 9.5% during the third quarter, HoldingsChannel reports. The fund owned 21,466 shares of the company’s stock after acquiring an additional 1,857 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in PGIM Active High Yield Bond ETF were worth $769,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in PHYL. Rovin Capital UT ADV lifted its position in shares of PGIM Active High Yield Bond ETF by 2.2% during the third quarter. Rovin Capital UT ADV now owns 23,280 shares of the company’s stock worth $833,000 after purchasing an additional 492 shares during the last quarter. Townsquare Capital LLC grew its stake 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 worth $4,007,000 after purchasing an additional 1,494 shares in the last quarter. Austin Wealth Management LLC lifted its holdings in PGIM Active High Yield Bond ETF by 28.8% in the third quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock worth $341,000 after purchasing an additional 2,150 shares during the period. MML Investors Services LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 9.2% in the 3rd quarter. MML Investors Services LLC now owns 64,572 shares of the company’s stock worth $2,312,000 after acquiring an additional 5,424 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the third quarter valued at approximately $240,000.

PGIM Active High Yield Bond ETF Trading Down 0.1 %

NYSEARCA:PHYL traded down $0.02 during midday trading on Friday, hitting $35.22. 2,394 shares of the stock were exchanged, compared to its average volume of 25,957. The company has a market capitalization of $128.55 million, a price-to-earnings ratio of 2.47 and a beta of 0.32. PGIM Active High Yield Bond ETF has a one year low of $33.91 and a one year high of $35.84. The business has a 50-day moving average price of $35.30 and a two-hundred day moving average price of $35.03.

PGIM Active High Yield Bond ETF Company 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.