Park Avenue Securities LLC reduced its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 22.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,035 shares of the company’s stock after selling 7,157 shares during the period. Park Avenue Securities LLC owned 0.69% of PGIM Active High Yield Bond ETF worth $863,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in PHYL. Newbridge Financial Services Group Inc. raised its stake in PGIM Active High Yield Bond ETF by 407.7% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 4,732 shares of the company’s stock worth $165,000 after buying an additional 3,800 shares during the period. BlackDiamond Wealth Management LLC lifted its holdings in shares of PGIM Active High Yield Bond ETF by 7.7% in the 4th quarter. BlackDiamond Wealth Management LLC now owns 6,965 shares of the company’s stock worth $240,000 after purchasing an additional 499 shares in the last quarter. CWM LLC acquired a new stake in PGIM Active High Yield Bond ETF in the 4th quarter valued at $288,000. Truist Financial Corp bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter valued at $461,000. Finally, Raymond James & Associates bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter valued at $487,000.
PGIM Active High Yield Bond ETF Trading Up 0.0 %
Shares of PHYL stock traded up $0.01 during trading on Friday, hitting $34.73. The company’s stock had a trading volume of 8,800 shares, compared to its average volume of 16,666. The business has a fifty day moving average of $34.60 and a 200-day moving average of $34.56. The company has a market cap of $126.78 million, a PE ratio of 2.47 and a beta of 0.32. PGIM Active High Yield Bond ETF has a 52 week low of $32.42 and a 52 week high of $35.17.
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.
Further Reading
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