PNC Financial Services Group Inc. Acquires 188,684 Shares of PGIM Active High Yield Bond ETF $PHYL

PNC Financial Services Group Inc. raised its holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 50.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 564,884 shares of the company’s stock after buying an additional 188,684 shares during the period. PNC Financial Services Group Inc.’s holdings in PGIM Active High Yield Bond ETF were worth $20,042,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Fifth Third Securities Inc. lifted its stake in shares of PGIM Active High Yield Bond ETF by 17.4% in the fourth quarter. Fifth Third Securities Inc. now owns 132,918 shares of the company’s stock valued at $4,716,000 after buying an additional 19,653 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its stake in shares of PGIM Active High Yield Bond ETF by 35.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 1,050,000 shares of the company’s stock valued at $37,538,000 after buying an additional 275,000 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of PGIM Active High Yield Bond ETF by 130.3% in the third quarter. Jones Financial Companies Lllp now owns 75,626 shares of the company’s stock valued at $2,701,000 after buying an additional 42,791 shares in the last quarter. Earned Wealth Advisors LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 31.5% in the fourth quarter. Earned Wealth Advisors LLC now owns 86,113 shares of the company’s stock valued at $3,055,000 after buying an additional 20,643 shares in the last quarter. Finally, Breakwater Capital Group lifted its stake in shares of PGIM Active High Yield Bond ETF by 73.9% in the fourth quarter. Breakwater Capital Group now owns 115,560 shares of the company’s stock valued at $4,100,000 after buying an additional 49,109 shares in the last quarter.

PGIM Active High Yield Bond ETF Trading Up 0.1%

PGIM Active High Yield Bond ETF stock opened at $35.10 on Friday. PGIM Active High Yield Bond ETF has a 1-year low of $34.47 and a 1-year high of $35.83. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 2.48 and a beta of 0.40. The firm’s fifty day moving average price is $35.02 and its two-hundred day moving average price is $35.33.

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.