Seros Financial LLC increased its holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 23.9% during the third quarter, HoldingsChannel reports. The fund owned 83,002 shares of the company’s stock after acquiring an additional 16,009 shares during the quarter. PGIM Active High Yield Bond ETF accounts for about 1.4% of Seros Financial LLC’s investment portfolio, making the stock its 14th biggest holding. Seros Financial LLC’s holdings in PGIM Active High Yield Bond ETF were worth $2,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also added to or reduced their stakes in PHYL. Cetera Investment Advisers boosted its stake in PGIM Active High Yield Bond ETF by 105.9% during the 1st quarter. Cetera Investment Advisers now owns 377,707 shares of the company’s stock valued at $13,080,000 after purchasing an additional 194,237 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in PGIM Active High Yield Bond ETF by 28.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 723,228 shares of the company’s stock worth $25,045,000 after purchasing an additional 158,344 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in PGIM Active High Yield Bond ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,515,098 shares of the company’s stock worth $52,847,000 after purchasing an additional 155,091 shares in the last quarter. KFA Private Wealth Group LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF in the first quarter worth approximately $4,891,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF in the second quarter worth approximately $4,648,000.
PGIM Active High Yield Bond ETF Stock Up 0.2%
PHYL stock opened at $33.56 on Friday. PGIM Active High Yield Bond ETF has a twelve month low of $33.27 and a twelve month high of $35.76. The stock’s 50 day moving average is $34.14 and its 200-day moving average is $34.70. The firm has a market capitalization of $1.51 billion, a PE ratio of 2.48 and a beta of 0.41.
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.
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