8,483 Shares in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) Bought by Hilltop Holdings Inc.

Hilltop Holdings Inc. bought a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,483 shares of the company’s stock, valued at approximately $304,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Garden State Investment Advisory Services LLC lifted its stake in PGIM Active High Yield Bond ETF by 9.5% in the third quarter. Garden State Investment Advisory Services LLC now owns 21,466 shares of the company’s stock valued at $769,000 after acquiring an additional 1,857 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of PGIM Active High Yield Bond ETF during the 3rd quarter valued at $240,000. Townsquare Capital LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 1.4% in the 3rd quarter. Townsquare Capital LLC now owns 111,929 shares of the company’s stock valued at $4,007,000 after purchasing an additional 1,494 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in PGIM Active High Yield Bond ETF by 3,593.5% in the third quarter. PNC Financial Services Group Inc. now owns 35,421 shares of the company’s stock worth $1,268,000 after purchasing an additional 34,462 shares in the last quarter. Finally, Rovin Capital UT ADV boosted its holdings in PGIM Active High Yield Bond ETF by 2.2% in the third quarter. Rovin Capital UT ADV now owns 23,280 shares of the company’s stock worth $833,000 after purchasing an additional 492 shares in the last quarter.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA PHYL opened at $35.36 on Friday. PGIM Active High Yield Bond ETF has a fifty-two week low of $33.91 and a fifty-two week high of $35.84. The stock’s 50-day moving average is $35.32 and its two-hundred day moving average is $35.01. The firm has a market cap of $129.06 million, a P/E ratio of 2.47 and a beta of 0.32.

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.