MRA Advisory Group Raises Stock Holdings in PGIM Active High Yield Bond ETF $PHYL

MRA Advisory Group grew its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 47.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 51,714 shares of the company’s stock after acquiring an additional 16,589 shares during the quarter. MRA Advisory Group’s holdings in PGIM Active High Yield Bond ETF were worth $1,791,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PHYL. State of New Jersey Common Pension Fund D lifted its holdings 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 acquiring an additional 675,000 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of PGIM Active High Yield Bond ETF by 50.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 564,884 shares of the company’s stock worth $20,042,000 after purchasing an additional 188,684 shares during the period. LPL Financial LLC raised its holdings in PGIM Active High Yield Bond ETF by 15.6% in the 4th quarter. LPL Financial LLC now owns 422,949 shares of the company’s stock worth $15,006,000 after purchasing an additional 56,969 shares during the period. Thrivent Financial for Lutherans lifted its position in PGIM Active High Yield Bond ETF by 538.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 376,538 shares of the company’s stock valued at $13,362,000 after purchasing an additional 317,591 shares in the last quarter. Finally, Capital Analysts LLC grew its holdings in PGIM Active High Yield Bond ETF by 67.4% during the fourth quarter. Capital Analysts LLC now owns 351,208 shares of the company’s stock valued at $12,461,000 after purchasing an additional 141,466 shares during the period.

PGIM Active High Yield Bond ETF Trading Down 0.1%

Shares of NYSEARCA:PHYL opened at $35.07 on Friday. The stock has a 50 day moving average of $35.10 and a 200 day moving average of $35.27. The company has a market cap of $1.33 billion, a PE ratio of 2.48 and a beta of 0.39. PGIM Active High Yield Bond ETF has a 12-month low of $34.47 and a 12-month high of $35.83.

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.