Rovin Capital UT ADV Purchases 1,821 Shares of PGIM Active High Yield Bond ETF $PHYL

Rovin Capital UT ADV grew its position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 6.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,875 shares of the company’s stock after buying an additional 1,821 shares during the quarter. Rovin Capital UT ADV owned 0.32% of PGIM Active High Yield Bond ETF worth $1,060,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of PHYL. Vestmark Advisory Solutions Inc. lifted its holdings in PGIM Active High Yield Bond ETF by 141.3% during the second quarter. Vestmark Advisory Solutions Inc. now owns 556,890 shares of the company’s stock worth $19,764,000 after acquiring an additional 326,057 shares during the period. Milestone Asset Management LLC raised its stake in shares of PGIM Active High Yield Bond ETF by 12.7% during the 2nd quarter. Milestone Asset Management LLC now owns 14,035 shares of the company’s stock worth $498,000 after purchasing an additional 1,579 shares during the period. Integrity Financial Corp WA purchased a new position in shares of PGIM Active High Yield Bond ETF in the 2nd quarter worth about $734,000. Earned Wealth Advisors LLC increased its holdings in PGIM Active High Yield Bond ETF by 56.8% during the second quarter. Earned Wealth Advisors LLC now owns 51,951 shares of the company’s stock worth $1,844,000 after buying an additional 18,820 shares during the last quarter. Finally, Schmidt P J Investment Management Inc. purchased a new stake in PGIM Active High Yield Bond ETF during the second quarter worth about $1,276,000.

PGIM Active High Yield Bond ETF Stock Up 0.0%

Shares of PHYL stock opened at $35.29 on Friday. The firm has a market cap of $460.53 million, a P/E ratio of 2.48 and a beta of 0.40. The company has a 50 day moving average of $35.59 and a 200-day moving average of $35.26. PGIM Active High Yield Bond ETF has a 12-month low of $32.98 and a 12-month high of $35.83.

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.