KFA Private Wealth Group LLC Acquires New Position in PGIM Active High Yield Bond ETF $PHYL

KFA Private Wealth Group LLC bought a new position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the first quarter, Holdings Channel reports. The firm bought 141,233 shares of the company’s stock, valued at approximately $4,891,000. PGIM Active High Yield Bond ETF accounts for approximately 1.2% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 19th largest position.

Other large investors also recently bought and sold shares of the company. Fifth Third Securities Inc. raised its stake in PGIM Active High Yield Bond ETF by 17.4% in the 4th quarter. Fifth Third Securities Inc. now owns 132,918 shares of the company’s stock worth $4,716,000 after acquiring an additional 19,653 shares during the last quarter. RFG Advisory LLC grew its stake in PGIM Active High Yield Bond ETF by 145.1% during the 4th quarter. RFG Advisory LLC now owns 223,177 shares of the company’s stock valued at $7,918,000 after purchasing an additional 132,135 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in shares of PGIM Active High Yield Bond ETF by 64.3% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,725,000 shares of the company’s stock valued at $61,203,000 after purchasing an additional 675,000 shares during the period. Breakwater Capital Group increased its holdings 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 purchasing an additional 49,109 shares during the period. Finally, Earned Wealth Advisors LLC increased its holdings 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 purchasing an additional 20,643 shares during the period.

PGIM Active High Yield Bond ETF Stock Up 0.1%

Shares of NYSEARCA:PHYL opened at $35.06 on Thursday. PGIM Active High Yield Bond ETF has a 52-week low of $34.47 and a 52-week high of $35.83. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 2.48 and a beta of 0.39. The business has a 50-day moving average price of $35.11 and a 200-day moving average price of $35.27.

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.