KWB Wealth Takes Position in PGIM Active High Yield Bond ETF $PHYL

KWB Wealth acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,321 shares of the company’s stock, valued at approximately $744,000. KWB Wealth owned approximately 0.06% of PGIM Active High Yield Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PHYL. Kestra Private Wealth Services LLC grew its position in PGIM Active High Yield Bond ETF by 3.2% during the 1st quarter. Kestra Private Wealth Services LLC now owns 9,533 shares of the company’s stock valued at $330,000 after purchasing an additional 296 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of PGIM Active High Yield Bond ETF by 7.3% in the fourth quarter. Global Retirement Partners LLC now owns 4,497 shares of the company’s stock worth $160,000 after buying an additional 305 shares in the last quarter. Private Trust Co. NA raised its holdings in shares of PGIM Active High Yield Bond ETF by 9.0% during the 4th quarter. Private Trust Co. NA now owns 6,667 shares of the company’s stock worth $237,000 after acquiring an additional 551 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of PGIM Active High Yield Bond ETF by 4.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,062 shares of the company’s stock worth $499,000 after buying an additional 592 shares in the last quarter. Finally, Symphony Financial Services Inc. increased its stake in PGIM Active High Yield Bond ETF by 8.5% during the first quarter. Symphony Financial Services Inc. now owns 7,735 shares of the company’s stock worth $268,000 after acquiring an additional 603 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Performance

Shares of NYSEARCA PHYL opened at $34.74 on Tuesday. The business’s 50 day moving average price is $34.90 and its 200-day moving average price is $35.11. PGIM Active High Yield Bond ETF has a fifty-two week low of $34.44 and a fifty-two week high of $35.83. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 2.48 and a beta of 0.39.

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.