Atria Wealth Solutions Inc. Acquires Shares of 8,237 PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Atria Wealth Solutions Inc. acquired a new stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,237 shares of the company’s stock, valued at approximately $287,000. Atria Wealth Solutions Inc. owned approximately 0.11% of PGIM Active High Yield Bond ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PHYL. Wells Fargo & Company MN lifted its stake in PGIM Active High Yield Bond ETF by 8,651.8% during the fourth quarter. Wells Fargo & Company MN now owns 122,350 shares of the company’s stock valued at $4,250,000 after buying an additional 120,952 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PGIM Active High Yield Bond ETF by 22.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 328,758 shares of the company’s stock worth $11,421,000 after purchasing an additional 60,310 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of PGIM Active High Yield Bond ETF in the fourth quarter worth approximately $1,674,000. MML Investors Services LLC lifted its position in shares of PGIM Active High Yield Bond ETF by 66.3% in the fourth quarter. MML Investors Services LLC now owns 107,358 shares of the company’s stock worth $3,730,000 after purchasing an additional 42,786 shares in the last quarter. Finally, Stifel Financial Corp purchased a new stake in shares of PGIM Active High Yield Bond ETF in the fourth quarter worth approximately $267,000.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA PHYL opened at $35.45 on Friday. The company has a 50 day simple moving average of $35.29 and a 200-day simple moving average of $34.94. The firm has a market capitalization of $309.48 million, a price-to-earnings ratio of 2.48 and a beta of 0.45. PGIM Active High Yield Bond ETF has a 52-week low of $32.98 and a 52-week high of $35.84.

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.