PFW Advisors LLC Buys Shares of 136,556 PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

PFW Advisors LLC purchased a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 136,556 shares of the company’s stock, valued at approximately $4,744,000. PGIM Active High Yield Bond ETF makes up 1.5% of PFW Advisors LLC’s investment portfolio, making the stock its 16th largest position. PFW Advisors LLC owned 3.74% of PGIM Active High Yield Bond ETF as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Flow Traders U.S. LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the 3rd quarter valued at about $240,000. Hilltop Holdings Inc. bought a new position in shares of PGIM Active High Yield Bond ETF in the third quarter valued at approximately $304,000. Private Advisor Group LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF in the third quarter worth $340,000. Austin Wealth Management LLC boosted its holdings in shares of PGIM Active High Yield Bond ETF by 28.8% during the 3rd quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock worth $341,000 after buying an additional 2,150 shares during the period. Finally, Bank of Montreal Can acquired a new position in PGIM Active High Yield Bond ETF in the 2nd quarter valued at $404,000.

PGIM Active High Yield Bond ETF Trading Up 0.1 %

PGIM Active High Yield Bond ETF stock traded up $0.02 on Monday, reaching $34.69. 40,508 shares of the stock were exchanged, compared to its average volume of 68,273. PGIM Active High Yield Bond ETF has a twelve month low of $33.91 and a twelve month high of $35.84. The firm has a fifty day moving average price of $35.13 and a two-hundred day moving average price of $35.11. The stock has a market cap of $126.62 million, a PE 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.