Vestmark Advisory Solutions Inc. cut its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 6.5% during the first quarter, HoldingsChannel.com reports. The firm owned 230,833 shares of the company’s stock after selling 16,065 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in PGIM Active High Yield Bond ETF were worth $8,038,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in PHYL. Mendota Financial Group LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the 1st quarter valued at $53,000. Financial Network Wealth Advisors LLC increased its position in shares of PGIM Active High Yield Bond ETF by 40.0% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $57,000 after acquiring an additional 469 shares during the period. Anchor Investment Management LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the 4th quarter valued at $86,000. Gen Wealth Partners Inc acquired a new position in shares of PGIM Active High Yield Bond ETF in the 4th quarter valued at $122,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of PGIM Active High Yield Bond ETF in the 1st quarter valued at $233,000.
PGIM Active High Yield Bond ETF Price Performance
NYSEARCA PHYL opened at $35.51 on Friday. The stock’s fifty day moving average price is $35.28 and its 200 day moving average price is $34.94. PGIM Active High Yield Bond ETF has a 1 year low of $32.98 and a 1 year high of $35.84. The company has a market cap of $310.00 million, a price-to-earnings ratio of 2.48 and a beta of 0.45.
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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Want to see what other hedge funds are holding PHYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report).
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