Foguth Wealth Management LLC. Sells 44,457 Shares of PGIM Active High Yield Bond ETF $PHYL

Foguth Wealth Management LLC. lowered its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 26.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 126,360 shares of the company’s stock after selling 44,457 shares during the quarter. Foguth Wealth Management LLC. owned approximately 0.35% of PGIM Active High Yield Bond ETF worth $4,426,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC bought a new stake in PGIM Active High Yield Bond ETF during the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. purchased a new position in shares of PGIM Active High Yield Bond ETF during the 4th quarter worth $33,000. Anchor Investment Management LLC boosted its stake in shares of PGIM Active High Yield Bond ETF by 20.3% during the 1st quarter. Anchor Investment Management LLC now owns 3,689 shares of the company’s stock worth $128,000 after acquiring an additional 622 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of PGIM Active High Yield Bond ETF during the 1st quarter valued at $139,000. Finally, Global Retirement Partners LLC grew its position in shares of PGIM Active High Yield Bond ETF by 7.3% during the 4th quarter. Global Retirement Partners LLC now owns 4,497 shares of the company’s stock valued at $160,000 after acquiring an additional 305 shares during the period.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA:PHYL opened at $34.54 on Friday. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 2.48 and a beta of 0.39. PGIM Active High Yield Bond ETF has a one year low of $34.44 and a one year high of $35.83. The business has a fifty day moving average price of $34.94 and a 200-day moving average price of $35.15.

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.