Park Avenue Securities LLC Has $1.22 Million Stock Holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Park Avenue Securities LLC grew its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 43.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,012 shares of the company’s stock after purchasing an additional 10,531 shares during the quarter. Park Avenue Securities LLC owned about 0.45% of PGIM Active High Yield Bond ETF worth $1,219,000 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. State of New Jersey Common Pension Fund D bought a new position in shares of PGIM Active High Yield Bond ETF during the fourth quarter valued at $12,159,000. Global Retirement Partners LLC boosted its stake in PGIM Active High Yield Bond ETF by 35.3% during the 4th quarter. Global Retirement Partners LLC now owns 5,351 shares of the company’s stock valued at $186,000 after purchasing an additional 1,395 shares during the last quarter. Fjell Capital LLC bought a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth $3,389,000. Goodwin Investment Advisory purchased a new stake in shares of PGIM Active High Yield Bond ETF in the fourth quarter valued at about $8,231,000. Finally, Raymond James Financial Inc. bought a new position in shares of PGIM Active High Yield Bond ETF during the 4th quarter worth approximately $1,674,000.

PGIM Active High Yield Bond ETF Price Performance

Shares of PGIM Active High Yield Bond ETF stock opened at $35.02 on Thursday. The company has a 50 day simple moving average of $34.49 and a two-hundred day simple moving average of $34.87. PGIM Active High Yield Bond ETF has a 1 year low of $32.98 and a 1 year high of $35.84. The firm has a market cap of $288.21 million, a PE ratio of 2.48 and a beta of 0.41.

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.