RFG Advisory LLC Grows Stock Position in PGIM Active High Yield Bond ETF $PHYL

RFG Advisory LLC grew its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 145.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 223,177 shares of the company’s stock after acquiring an additional 132,135 shares during the quarter. RFG Advisory LLC owned about 0.87% of PGIM Active High Yield Bond ETF worth $7,918,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PHYL. Royal Bank of Canada lifted its position in shares of 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 valued at $304,000 after acquiring an additional 6,306 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of PGIM Active High Yield Bond ETF in the first quarter valued at approximately $216,000. MML Investors Services LLC lifted its position in shares of PGIM Active High Yield Bond ETF by 3.7% in the second quarter. MML Investors Services LLC now owns 228,990 shares of the company’s stock valued at $8,127,000 after acquiring an additional 8,259 shares in the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of PGIM Active High Yield Bond ETF in the second quarter valued at approximately $26,000. Finally, Advisory Resource Group lifted its position in shares of PGIM Active High Yield Bond ETF by 8.0% in the third quarter. Advisory Resource Group now owns 132,647 shares of the company’s stock valued at $4,742,000 after acquiring an additional 9,826 shares in the last quarter.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA PHYL opened at $35.08 on Wednesday. PGIM Active High Yield Bond ETF has a 1-year low of $34.38 and a 1-year high of $35.83. The company has a market cap of $1.26 billion, a PE ratio of 2.48 and a beta of 0.40. The stock’s 50 day simple moving average is $35.10 and its 200-day simple moving average is $35.37.

PGIM Active High Yield Bond ETF Company 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.