RFG Advisory LLC Increases Holdings in PGIM Active High Yield Bond ETF $PHYL

RFG Advisory LLC increased its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 145.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 223,177 shares of the company’s stock after buying an additional 132,135 shares during the quarter. RFG Advisory LLC’s holdings in PGIM Active High Yield Bond ETF were worth $7,918,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. State of New Jersey Common Pension Fund D raised its position in 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. Envestnet Asset Management Inc. raised its position in PGIM Active High Yield Bond ETF by 32.5% in the third quarter. Envestnet Asset Management Inc. now owns 902,039 shares of the company’s stock valued at $32,248,000 after purchasing an additional 221,242 shares during the period. PNC Financial Services Group Inc. raised its position in PGIM Active High Yield Bond ETF by 52.6% in the third quarter. PNC Financial Services Group Inc. now owns 376,200 shares of the company’s stock valued at $13,449,000 after purchasing an additional 129,671 shares during the period. Inspire Advisors LLC raised its position in PGIM Active High Yield Bond ETF by 13.1% in the third quarter. Inspire Advisors LLC now owns 320,648 shares of the company’s stock valued at $11,463,000 after purchasing an additional 37,113 shares during the period. Finally, JPMorgan Chase & Co. raised its position in PGIM Active High Yield Bond ETF by 1.8% in the third quarter. JPMorgan Chase & Co. now owns 314,520 shares of the company’s stock valued at $11,244,000 after purchasing an additional 5,496 shares during the period.

PGIM Active High Yield Bond ETF Stock Up 0.1%

NYSEARCA:PHYL opened at $35.08 on Wednesday. PGIM Active High Yield Bond ETF has a 52 week low of $34.38 and a 52 week high of $35.83. The company has a market capitalization of $1.26 billion, a P/E ratio of 2.48 and a beta of 0.40. The stock’s fifty day moving average is $35.10 and its two-hundred day moving average is $35.37.

PGIM Active High Yield Bond ETF Company 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.