Hughes Financial Services LLC Has $39,000 Stock Holdings in PGIM Active High Yield Bond ETF $PHYL

Hughes Financial Services LLC lessened its holdings in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 99.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,111 shares of the company’s stock after selling 224,501 shares during the quarter. Hughes Financial Services LLC’s holdings in PGIM Active High Yield Bond ETF were worth $39,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PFG Advisors acquired a new stake in shares of PGIM Active High Yield Bond ETF during the second quarter worth about $311,000. Rovin Capital UT ADV boosted its position in PGIM Active High Yield Bond ETF by 6.5% during the 2nd quarter. Rovin Capital UT ADV now owns 29,875 shares of the company’s stock worth $1,060,000 after acquiring an additional 1,821 shares during the last quarter. Vestmark Advisory Solutions Inc. grew its stake in shares of PGIM Active High Yield Bond ETF by 141.3% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 556,890 shares of the company’s stock worth $19,764,000 after acquiring an additional 326,057 shares in the last quarter. Milestone Asset Management LLC grew its stake in shares of PGIM Active High Yield Bond ETF by 12.7% during the 2nd quarter. Milestone Asset Management LLC now owns 14,035 shares of the company’s stock worth $498,000 after acquiring an additional 1,579 shares in the last quarter. Finally, Integrity Financial Corp WA bought a new stake in shares of PGIM Active High Yield Bond ETF in the second quarter worth $734,000.

PGIM Active High Yield Bond ETF Trading Down 0.0%

Shares of PHYL stock opened at $35.28 on Monday. The firm has a market capitalization of $460.40 million, a P/E ratio of 2.48 and a beta of 0.40. PGIM Active High Yield Bond ETF has a 1 year low of $32.98 and a 1 year high of $35.83. The firm’s fifty day moving average price is $35.58 and its two-hundred day moving average price is $35.28.

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.