Fifth Third Securities Inc. Grows Stock Holdings in PGIM Active High Yield Bond ETF $PHYL

Fifth Third Securities Inc. grew its holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 5.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 106,091 shares of the company’s stock after acquiring an additional 5,164 shares during the period. Fifth Third Securities Inc. owned about 1.14% of PGIM Active High Yield Bond ETF worth $3,765,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PHYL. Mendota Financial Group LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF in the first quarter valued at about $53,000. Financial Network Wealth Advisors LLC lifted its position in PGIM Active High Yield Bond ETF by 40.0% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $57,000 after acquiring an additional 469 shares in the last quarter. Capital Analysts LLC purchased a new position in PGIM Active High Yield Bond ETF in the 1st quarter worth approximately $131,000. Gen Wealth Partners Inc boosted its holdings in PGIM Active High Yield Bond ETF by 14.3% in the 1st quarter. Gen Wealth Partners Inc now owns 4,026 shares of the company’s stock worth $140,000 after acquiring an additional 503 shares during the period. Finally, Jane Street Group LLC acquired a new stake in PGIM Active High Yield Bond ETF in the first quarter valued at approximately $216,000.

PGIM Active High Yield Bond ETF Trading Up 0.1%

NYSEARCA PHYL opened at $35.72 on Monday. The company’s fifty day simple moving average is $35.56 and its 200-day simple moving average is $35.04. PGIM Active High Yield Bond ETF has a 52 week low of $32.98 and a 52 week high of $35.84. The stock has a market cap of $453.64 million, a P/E ratio of 2.48 and a beta of 0.45.

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.