PGIM Active High Yield Bond ETF $PHYL Shares Purchased by Earned Wealth Advisors LLC

Earned Wealth Advisors LLC grew its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 26.1% during the first quarter, Holdings Channel reports. The firm owned 108,624 shares of the company’s stock after purchasing an additional 22,511 shares during the period. Earned Wealth Advisors LLC’s holdings in PGIM Active High Yield Bond ETF were worth $3,762,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Symphony Financial Services Inc. boosted its holdings in shares of PGIM Active High Yield Bond ETF by 8.5% in the 1st quarter. Symphony Financial Services Inc. now owns 7,735 shares of the company’s stock valued at $268,000 after buying an additional 603 shares in the last quarter. Gaddis Premier Wealth Advisors LLC lifted its position in PGIM Active High Yield Bond ETF by 28.3% in the first quarter. Gaddis Premier Wealth Advisors LLC now owns 10,619 shares of the company’s stock valued at $368,000 after acquiring an additional 2,343 shares during the last quarter. RFG Bristol Wealth Advisors LLC boosted its stake in PGIM Active High Yield Bond ETF by 10.7% in the first quarter. RFG Bristol Wealth Advisors LLC now owns 56,494 shares of the company’s stock valued at $1,956,000 after acquiring an additional 5,468 shares in the last quarter. Seros Financial LLC acquired a new position in PGIM Active High Yield Bond ETF in the first quarter valued at $2,137,000. Finally, Harmony Asset Management LLC purchased a new position in shares of PGIM Active High Yield Bond ETF during the first quarter worth about $256,000.

PGIM Active High Yield Bond ETF Stock Performance

PHYL opened at $34.90 on Monday. PGIM Active High Yield Bond ETF has a one year low of $34.47 and a one year high of $35.83. The stock has a market capitalization of $1.33 billion, a P/E ratio of 2.48 and a beta of 0.39. The business’s 50-day simple moving average is $35.00 and its 200-day simple moving average is $35.21.

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.