OneDigital Investment Advisors LLC Has $3.83 Million Holdings in PGIM Active High Yield Bond ETF $PHYL

OneDigital Investment Advisors LLC increased its holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 113.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,175 shares of the company’s stock after buying an additional 56,947 shares during the period. OneDigital Investment Advisors LLC owned 0.82% of PGIM Active High Yield Bond ETF worth $3,831,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC bought a new stake in PGIM Active High Yield Bond ETF during the second quarter worth about $26,000. AE Wealth Management LLC raised its position in shares of 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 buying an additional 1,181 shares in the last quarter. Mendota Financial Group LLC lifted its holdings in shares of PGIM Active High Yield Bond ETF by 14.6% during the 3rd 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. Private Trust Co. NA bought a new stake in shares of PGIM Active High Yield Bond ETF during the 3rd quarter worth approximately $219,000. Finally, Jane Street Group LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF during the 1st quarter worth approximately $216,000.

PGIM Active High Yield Bond ETF Stock Performance

Shares of PHYL opened at $35.64 on Tuesday. The stock has a market capitalization of $919.51 million, a price-to-earnings ratio of 2.48 and a beta of 0.40. PGIM Active High Yield Bond ETF has a 52 week low of $32.98 and a 52 week high of $35.83. The stock has a fifty day moving average of $35.60 and a 200-day moving average of $35.55.

PGIM Active High Yield Bond ETF Increases Dividend

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