100,899 Shares in PGIM Active High Yield Bond ETF $PHYL Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 100,899 shares of the company’s stock, valued at approximately $3,607,000.

Several other hedge funds have also recently bought and sold shares of PHYL. Smartleaf Asset Management LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the 2nd quarter valued at approximately $26,000. AE Wealth Management LLC lifted its stake in PGIM Active High Yield Bond ETF by 1,357.5% in the 3rd quarter. AE Wealth Management LLC now owns 1,268 shares of the company’s stock valued at $45,000 after purchasing an additional 1,181 shares during the last quarter. Mendota Financial Group LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 14.6% in the third quarter. Mendota Financial Group LLC now owns 4,676 shares of the company’s stock worth $167,000 after acquiring an additional 597 shares during the period. Jane Street Group LLC bought a new position in shares of PGIM Active High Yield Bond ETF during the 1st quarter worth approximately $216,000. Finally, Private Trust Co. NA bought a new stake in shares of PGIM Active High Yield Bond ETF during the third quarter valued at approximately $219,000.

PGIM Active High Yield Bond ETF Stock Performance

PHYL stock opened at $35.60 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 stock’s fifty day simple moving average is $35.58 and its two-hundred day simple moving average is $35.53. The stock has a market cap of $918.48 million, a P/E ratio of 2.48 and a beta of 0.40.

PGIM Active High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.2058 dividend. The ex-dividend date was Monday, February 2nd. This is a positive change from PGIM Active High Yield Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 6.9%.

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.