Fifth Third Bancorp increased its position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 30,081.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,427,604 shares of the company’s stock after purchasing an additional 1,422,874 shares during the period. Fifth Third Bancorp’s holdings in PGIM Active High Yield Bond ETF were worth $47,725,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in PGIM Active High Yield Bond ETF by 105.9% in the first quarter. Cetera Investment Advisers now owns 377,707 shares of the company’s stock worth $13,080,000 after purchasing an additional 194,237 shares during the period. PNC Financial Services Group Inc. increased its position in shares of PGIM Active High Yield Bond ETF by 28.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 723,228 shares of the company’s stock valued at $25,045,000 after purchasing an additional 158,344 shares during the period. Envestnet Asset Management Inc. increased its position in shares of PGIM Active High Yield Bond ETF by 11.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,515,098 shares of the company’s stock valued at $52,847,000 after purchasing an additional 155,091 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of PGIM Active High Yield Bond ETF during the 2nd quarter valued at $4,648,000. Finally, Gainline Financial Partners LLC bought a new stake in shares of PGIM Active High Yield Bond ETF in the 2nd quarter worth $3,705,000.
PGIM Active High Yield Bond ETF Stock Performance
PHYL opened at $33.49 on Friday. PGIM Active High Yield Bond ETF has a one year low of $33.27 and a one year high of $35.76. The stock’s fifty day moving average is $33.81 and its 200-day moving average is $34.74. The company has a market capitalization of $1.59 billion, a PE ratio of 2.48 and a beta of 0.42.
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.
Read More
- Five stocks we like better than PGIM Active High Yield Bond ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Want to see what other hedge funds are holding PHYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report).
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.
