Capital Analysts LLC Has $12.46 Million Position in PGIM Active High Yield Bond ETF $PHYL

Capital Analysts LLC raised its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 67.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 351,208 shares of the company’s stock after buying an additional 141,466 shares during the quarter. Capital Analysts LLC owned about 1.36% of PGIM Active High Yield Bond ETF worth $12,461,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PHYL. Royal Bank of Canada grew its position in shares of PGIM Active High Yield Bond ETF by 261.3% during the 1st quarter. Royal Bank of Canada now owns 8,719 shares of the company’s stock worth $304,000 after buying an additional 6,306 shares during the period. Jane Street Group LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the 1st quarter worth about $216,000. MML Investors Services LLC grew its position in shares of PGIM Active High Yield Bond ETF by 3.7% during the 2nd quarter. MML Investors Services LLC now owns 228,990 shares of the company’s stock worth $8,127,000 after buying an additional 8,259 shares during the period. Smartleaf Asset Management LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the 2nd quarter worth about $26,000. Finally, AE Wealth Management LLC grew its position in shares of PGIM Active High Yield Bond ETF by 1,357.5% during the 3rd quarter. AE Wealth Management LLC now owns 1,268 shares of the company’s stock worth $45,000 after buying an additional 1,181 shares during the period.

PGIM Active High Yield Bond ETF Stock Performance

Shares of PHYL opened at $34.90 on Wednesday. The stock has a 50 day simple moving average of $35.07 and a 200 day simple moving average of $35.30. PGIM Active High Yield Bond ETF has a 52-week low of $34.47 and a 52-week high of $35.83. The firm has a market capitalization of $1.30 billion, a PE ratio of 2.48 and a beta of 0.39.

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.