Foguth Wealth Management LLC. Sells 22,399 Shares of PGIM Active High Yield Bond ETF $PHYL

Foguth Wealth Management LLC. lessened its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 17.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 105,176 shares of the company’s stock after selling 22,399 shares during the period. Foguth Wealth Management LLC.’s holdings in PGIM Active High Yield Bond ETF were worth $3,522,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PHYL. Kestra Private Wealth Services LLC grew its holdings in PGIM Active High Yield Bond ETF by 3.2% during the first quarter. Kestra Private Wealth Services LLC now owns 9,533 shares of the company’s stock worth $330,000 after acquiring an additional 296 shares during the period. Milestone Asset Management LLC raised its position in PGIM Active High Yield Bond ETF by 2.8% in the third quarter. Milestone Asset Management LLC now owns 11,136 shares of the company’s stock worth $372,000 after acquiring an additional 305 shares in the last quarter. KWB Wealth lifted its holdings in PGIM Active High Yield Bond ETF by 2.5% in the 3rd quarter. KWB Wealth now owns 21,855 shares of the company’s stock valued at $731,000 after acquiring an additional 534 shares during the last quarter. Symphony Financial Services Inc. lifted its holdings in 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 acquiring an additional 603 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its holdings in PGIM Active High Yield Bond ETF by 20.3% in the 1st quarter. Anchor Investment Management LLC now owns 3,689 shares of the company’s stock valued at $128,000 after acquiring an additional 622 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Performance

Shares of NYSEARCA:PHYL traded down $0.03 during trading hours on Monday, hitting $33.47. 63,462 shares of the company’s stock traded hands, compared to its average volume of 203,044. The company’s fifty day simple moving average is $34.25 and its two-hundred day simple moving average is $34.73. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 2.48 and a beta of 0.41. PGIM Active High Yield Bond ETF has a 52 week low of $33.27 and a 52 week high of $35.76.

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.