Private Advisor Group LLC trimmed its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 12.3% in the 4th quarter, Holdings Channel reports. The firm owned 8,318 shares of the company’s stock after selling 1,172 shares during the quarter. Private Advisor Group LLC’s holdings in PGIM Active High Yield Bond ETF were worth $289,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in PHYL. Global Retirement Partners LLC grew its stake in PGIM Active High Yield Bond ETF by 35.3% in the fourth quarter. Global Retirement Partners LLC now owns 5,351 shares of the company’s stock worth $186,000 after purchasing an additional 1,395 shares in the last quarter. Spectrum Planning & Advisory Services Inc. purchased a new stake in PGIM Active High Yield Bond ETF in the fourth quarter worth about $211,000. Flow Traders U.S. LLC bought a new position in PGIM Active High Yield Bond ETF during the 3rd quarter worth about $240,000. Hilltop Holdings Inc. purchased a new position in PGIM Active High Yield Bond ETF during the 3rd quarter valued at about $304,000. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in shares of PGIM Active High Yield Bond ETF in the 4th quarter valued at about $319,000.
PGIM Active High Yield Bond ETF Stock Performance
NYSEARCA PHYL opened at $35.18 on Thursday. The company has a market cap of $253.30 million, a PE ratio of 2.53 and a beta of 0.46. The firm’s 50 day moving average price is $35.09 and its 200-day moving average price is $35.23. PGIM Active High Yield Bond ETF has a 52-week low of $33.91 and a 52-week high of $35.84.
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.
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