Vestmark Advisory Solutions Inc. Increases Holdings in PGIM Active High Yield Bond ETF $PHYL

Vestmark Advisory Solutions Inc. raised its position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 141.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 556,890 shares of the company’s stock after purchasing an additional 326,057 shares during the quarter. Vestmark Advisory Solutions Inc. owned 5.94% of PGIM Active High Yield Bond ETF worth $19,764,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. State of New Jersey Common Pension Fund D grew its stake in shares of PGIM Active High Yield Bond ETF by 63.2% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 775,000 shares of the company’s stock valued at $27,505,000 after acquiring an additional 300,000 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of PGIM Active High Yield Bond ETF by 69.9% in the first quarter. Envestnet Asset Management Inc. now owns 558,641 shares of the company’s stock worth $19,452,000 after purchasing an additional 229,883 shares during the last quarter. LPL Financial LLC raised its holdings in shares of PGIM Active High Yield Bond ETF by 71.3% during the 1st quarter. LPL Financial LLC now owns 431,349 shares of the company’s stock worth $15,020,000 after acquiring an additional 179,539 shares in the last quarter. RFG Advisory LLC bought a new position in PGIM Active High Yield Bond ETF during the second quarter valued at $2,851,000. Finally, PNC Financial Services Group Inc. grew its position in PGIM Active High Yield Bond ETF by 59.9% in the first quarter. PNC Financial Services Group Inc. now owns 161,282 shares of the company’s stock worth $5,616,000 after acquiring an additional 60,419 shares in the last quarter.

PGIM Active High Yield Bond ETF Price Performance

Shares of NYSEARCA PHYL opened at $35.26 on Friday. PGIM Active High Yield Bond ETF has a 1 year low of $32.98 and a 1 year high of $35.83. The company has a market cap of $460.16 million, a P/E ratio of 2.48 and a beta of 0.40. The firm has a 50-day simple moving average of $35.59 and a two-hundred day simple moving average of $35.26.

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.