Rovin Capital UT ADV Purchases 1,821 Shares of PGIM Active High Yield Bond ETF $PHYL

Rovin Capital UT ADV lifted its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 6.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,875 shares of the company’s stock after purchasing an additional 1,821 shares during the quarter. Rovin Capital UT ADV’s holdings in PGIM Active High Yield Bond ETF were worth $1,060,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of PHYL. State of New Jersey Common Pension Fund D lifted its position in PGIM Active High Yield Bond ETF by 63.2% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 775,000 shares of the company’s stock worth $27,505,000 after buying an additional 300,000 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of PGIM Active High Yield Bond ETF by 21.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 680,797 shares of the company’s stock worth $24,161,000 after acquiring an additional 122,156 shares during the last quarter. Vestmark Advisory Solutions Inc. lifted its holdings in shares of PGIM Active High Yield Bond ETF by 141.3% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 556,890 shares of the company’s stock worth $19,764,000 after acquiring an additional 326,057 shares during the last quarter. LPL Financial LLC boosted its stake in shares of PGIM Active High Yield Bond ETF by 71.3% in the 1st quarter. LPL Financial LLC now owns 431,349 shares of the company’s stock valued at $15,020,000 after purchasing an additional 179,539 shares in the last quarter. Finally, Hughes Financial Services LLC grew its holdings in shares of PGIM Active High Yield Bond ETF by 4.1% during the 1st quarter. Hughes Financial Services LLC now owns 225,612 shares of the company’s stock valued at $7,824,000 after purchasing an additional 8,798 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Up 0.0%

Shares of NYSEARCA:PHYL opened at $35.29 on Friday. The stock has a market cap of $460.53 million, a PE ratio of 2.48 and a beta of 0.40. The company’s fifty day moving average is $35.59 and its 200 day moving average is $35.26. PGIM Active High Yield Bond ETF has a 52 week low of $32.98 and a 52 week high of $35.83.

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.