Keenan LLC acquired a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 59,595 shares of the company’s stock, valued at approximately $2,114,000. PGIM Active High Yield Bond ETF accounts for approximately 1.9% of Keenan LLC’s portfolio, making the stock its 16th biggest holding.
Several other hedge funds and other institutional investors have also recently modified their holdings of PHYL. Smartleaf Asset Management LLC bought a new stake in shares of PGIM Active High Yield Bond ETF in the second quarter worth about $26,000. Evolution Wealth Management Inc. purchased a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at about $33,000. Montag A & Associates Inc. bought a new position in PGIM Active High Yield Bond ETF during the 3rd quarter valued at approximately $42,000. Stance Capital LLC bought a new position in PGIM Active High Yield Bond ETF during the 3rd quarter valued at approximately $70,000. Finally, Anchor Investment Management LLC lifted its holdings in PGIM Active High Yield Bond ETF by 20.7% in the 3rd quarter. Anchor Investment Management LLC now owns 3,045 shares of the company’s stock worth $109,000 after buying an additional 523 shares during the period.
PGIM Active High Yield Bond ETF Stock Performance
NYSEARCA PHYL opened at $35.10 on Friday. The stock has a market cap of $1.32 billion, a P/E ratio of 2.48 and a beta of 0.39. PGIM Active High Yield Bond ETF has a fifty-two week low of $34.47 and a fifty-two week high of $35.83. The stock has a 50 day simple moving average of $35.11 and a two-hundred day simple moving average of $35.28.
About PGIM Active High Yield Bond ETF
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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