Clarity Retirement & Wealth LLC acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 62,846 shares of the company’s stock, valued at approximately $2,230,000. PGIM Active High Yield Bond ETF makes up about 2.0% of Clarity Retirement & Wealth LLC’s investment portfolio, making the stock its 13th biggest holding.
Several other institutional investors also recently modified their holdings of PHYL. State of New Jersey Common Pension Fund D grew its holdings in shares of PGIM Active High Yield Bond ETF by 64.3% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 1,725,000 shares of the company’s stock worth $61,203,000 after purchasing an additional 675,000 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in PGIM Active High Yield Bond ETF by 538.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 376,538 shares of the company’s stock valued at $13,362,000 after buying an additional 317,591 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in PGIM Active High Yield Bond ETF by 32.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 902,039 shares of the company’s stock valued at $32,248,000 after buying an additional 221,242 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in PGIM Active High Yield Bond ETF by 50.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 564,884 shares of the company’s stock valued at $20,042,000 after buying an additional 188,684 shares in the last quarter. Finally, Foguth Wealth Management LLC. acquired a new stake in PGIM Active High Yield Bond ETF in the 4th quarter valued at $6,062,000.
PGIM Active High Yield Bond ETF Price Performance
Shares of PHYL stock opened at $34.85 on Tuesday. The stock’s fifty day simple moving average is $35.07 and its 200 day simple moving average is $35.31. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 2.48 and a beta of 0.39. PGIM Active High Yield Bond ETF has a one year low of $34.47 and a one year high of $35.83.
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.
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