PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $34.15 and last traded at $34.1460, with a volume of 20740 shares traded. The stock had previously closed at $34.31.
PGIM Active High Yield Bond ETF Trading Down 0.7%
The business’s fifty day simple moving average is $34.65 and its 200 day simple moving average is $34.89. The stock has a market cap of $1.42 billion, a P/E ratio of 2.48 and a beta of 0.39.
Institutional Trading of PGIM Active High Yield Bond ETF
Several hedge funds have recently modified their holdings of PHYL. PNC Financial Services Group Inc. raised its position in PGIM Active High Yield Bond ETF by 28.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 723,228 shares of the company’s stock worth $25,045,000 after purchasing an additional 158,344 shares during the last quarter. Capital Analysts LLC increased its stake in shares of PGIM Active High Yield Bond ETF by 14.5% in the 2nd quarter. Capital Analysts LLC now owns 558,617 shares of the company’s stock valued at $19,484,000 after buying an additional 70,954 shares during the period. Cetera Investment Advisers raised its position in shares of PGIM Active High Yield Bond ETF by 105.9% during the first quarter. Cetera Investment Advisers now owns 377,707 shares of the company’s stock worth $13,080,000 after acquiring an additional 194,237 shares during the last quarter. Royal Bank of Canada raised its position in shares of PGIM Active High Yield Bond ETF by 13.0% during the first quarter. Royal Bank of Canada now owns 327,513 shares of the company’s stock worth $11,342,000 after acquiring an additional 37,804 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 5.4% during the first quarter. RFG Advisory LLC now owns 235,187 shares of the company’s stock valued at $8,145,000 after acquiring an additional 12,010 shares during the period.
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.
Featured Articles
- Five stocks we like better than PGIM Active High Yield Bond ETF
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
- Gold Defied the Fed’s Rate Hike—These 3 Plays Stand Out
- Thor Industries Is Boring—And That May Be Its Biggest Advantage
Receive News & Ratings for PGIM Active High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Active High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
