35,963 Shares in PGIM Active High Yield Bond ETF $PHYL Bought by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. bought a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 35,963 shares of the company’s stock, valued at approximately $1,276,000. Schmidt P J Investment Management Inc. owned about 0.38% of PGIM Active High Yield Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in PGIM Active High Yield Bond ETF by 21.9% during the second quarter. Envestnet Asset Management Inc. now owns 680,797 shares of the company’s stock worth $24,161,000 after buying an additional 122,156 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in PGIM Active High Yield Bond ETF by 63.2% during the second quarter. State of New Jersey Common Pension Fund D now owns 775,000 shares of the company’s stock worth $27,505,000 after buying an additional 300,000 shares during the last quarter. Stephens Inc. AR acquired a new position in PGIM Active High Yield Bond ETF during the second quarter worth $467,000. RFG Advisory LLC bought a new position in PGIM Active High Yield Bond ETF during the second quarter worth $2,851,000. Finally, InTrack Investment Management Inc acquired a new position in shares of PGIM Active High Yield Bond ETF in the second quarter valued at $1,005,000.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA:PHYL opened at $35.65 on Monday. PGIM Active High Yield Bond ETF has a one year low of $32.98 and a one year high of $35.83. The company has a market cap of $465.23 million, a P/E ratio of 2.48 and a beta of 0.45. The firm’s fifty day moving average price is $35.60 and its two-hundred day moving average price is $35.17.

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.