Financial Connections Group Inc. lowered its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 8.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 16,213 shares of the company’s stock after selling 1,437 shares during the period. Financial Connections Group Inc. owned about 0.44% of PGIM Active High Yield Bond ETF worth $563,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the stock. Foguth Wealth Management LLC. increased its holdings in PGIM Active High Yield Bond ETF by 32.1% in the fourth quarter. Foguth Wealth Management LLC. now owns 85,399 shares of the company’s stock valued at $3,009,000 after buying an additional 20,762 shares in the last quarter. Alexander Labrunerie & CO. Inc. purchased a new position in PGIM Active High Yield Bond ETF during the fourth quarter valued at $319,000. One Wealth Advisors LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF in the fourth quarter valued at about $607,000. Better Money Decisions LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF during the fourth quarter worth about $457,000. Finally, Horst & Graben Wealth Management LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the 4th quarter worth about $571,000.
PGIM Active High Yield Bond ETF Trading Down 0.0 %
Shares of PGIM Active High Yield Bond ETF stock opened at $35.14 on Wednesday. PGIM Active High Yield Bond ETF has a twelve month low of $33.91 and a twelve month high of $35.84. The firm’s 50-day moving average price is $35.06 and its 200 day moving average price is $35.18. The firm has a market capitalization of $128.26 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.
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