141,233 Shares in PGIM Active High Yield Bond ETF $PHYL Acquired by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC bought a new stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 141,233 shares of the company’s stock, valued at approximately $4,891,000. PGIM Active High Yield Bond ETF comprises approximately 1.2% of KFA Private Wealth Group LLC’s portfolio, making the stock its 19th largest holding. KFA Private Wealth Group LLC owned 0.39% of PGIM Active High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in PGIM Active High Yield Bond ETF by 261.3% in the first quarter. Royal Bank of Canada now owns 8,719 shares of the company’s stock worth $304,000 after purchasing an additional 6,306 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF during the 1st quarter valued at $216,000. MML Investors Services LLC lifted its holdings in shares of PGIM Active High Yield Bond ETF by 3.7% during the 2nd quarter. MML Investors Services LLC now owns 228,990 shares of the company’s stock valued at $8,127,000 after purchasing an additional 8,259 shares during the last quarter. Smartleaf Asset Management LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF in the 2nd quarter worth $26,000. Finally, JPMorgan Chase & Co. boosted its position in shares of PGIM Active High Yield Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 314,520 shares of the company’s stock worth $11,244,000 after purchasing an additional 5,496 shares in the last quarter.

PGIM Active High Yield Bond ETF Price Performance

Shares of PHYL stock opened at $35.06 on Thursday. PGIM Active High Yield Bond ETF has a 1-year low of $34.47 and a 1-year high of $35.83. The stock’s fifty day moving average price is $35.11 and its 200 day moving average price is $35.27. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 2.48 and a beta of 0.39.

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.