PGIM Active High Yield Bond ETF $PHYL Stock Holdings Lifted by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC increased its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 13.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 125,484 shares of the company’s stock after buying an additional 15,137 shares during the period. Sax Wealth Advisors LLC owned about 0.29% of PGIM Active High Yield Bond ETF worth $4,195,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Hoxton Planning & Management LLC grew its position in shares of PGIM Active High Yield Bond ETF by 69.3% during the first quarter. Hoxton Planning & Management LLC now owns 37,391 shares of the company’s stock worth $1,295,000 after purchasing an additional 15,307 shares in the last quarter. Mendota Financial Group LLC lifted its holdings in PGIM Active High Yield Bond ETF by 198.4% in the 2nd quarter. Mendota Financial Group LLC now owns 28,016 shares of the company’s stock worth $977,000 after purchasing an additional 18,626 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in PGIM Active High Yield Bond ETF in the 2nd quarter worth approximately $4,648,000. Keenan LLC bought a new position in PGIM Active High Yield Bond ETF in the 4th quarter worth approximately $2,114,000. Finally, KFA Private Wealth Group LLC bought a new position in PGIM Active High Yield Bond ETF in the 1st quarter worth approximately $4,891,000.

PGIM Active High Yield Bond ETF Stock Performance

PHYL traded down $0.09 during trading on Tuesday, reaching $33.56. 80,932 shares of the company traded hands, compared to its average volume of 199,738. PGIM Active High Yield Bond ETF has a 12-month low of $33.27 and a 12-month high of $35.76. The firm has a fifty day simple moving average of $34.35 and a 200 day simple moving average of $34.76. The company has a market cap of $1.47 billion, a P/E ratio of 2.48 and a beta of 0.41.

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.