Clarity Retirement & Wealth LLC Acquires New Holdings in PGIM Active High Yield Bond ETF $PHYL

Clarity Retirement & Wealth LLC acquired a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 62,846 shares of the company’s stock, valued at approximately $2,230,000. PGIM Active High Yield Bond ETF makes up 2.0% of Clarity Retirement & Wealth LLC’s portfolio, making the stock its 13th largest holding. Clarity Retirement & Wealth LLC owned 0.24% of PGIM Active High Yield Bond ETF at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in PHYL. Smartleaf Asset Management LLC bought a new position in shares of PGIM Active High Yield Bond ETF in the 2nd quarter valued at approximately $26,000. Evolution Wealth Management Inc. bought a new position in shares of PGIM Active High Yield Bond ETF in the 4th quarter valued at approximately $33,000. Montag A & Associates Inc. acquired a new stake in PGIM Active High Yield Bond ETF in the 3rd quarter valued at approximately $42,000. AE Wealth Management LLC grew its holdings in 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 during the last quarter. Finally, Stance Capital LLC acquired a new stake in PGIM Active High Yield Bond ETF in the 3rd quarter valued at approximately $70,000.

PGIM Active High Yield Bond ETF Stock Up 0.0%

PHYL opened at $34.85 on Tuesday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 2.48 and a beta of 0.39. The stock’s 50 day moving average price is $35.07 and its two-hundred day moving average price is $35.31. PGIM Active High Yield Bond ETF has a 12-month low of $34.47 and a 12-month high of $35.83.

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.