United Advisor Group LLC Makes New Investment in PGIM Active High Yield Bond ETF $PHYL

United Advisor Group LLC acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the second quarter, HoldingsChannel reports. The firm acquired 21,144 shares of the company’s stock, valued at approximately $750,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PHYL. Financial Network Wealth Advisors LLC raised its holdings in shares of PGIM Active High Yield Bond ETF by 40.0% in the first quarter. Financial Network Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $57,000 after purchasing an additional 469 shares during the last quarter. Capital Analysts LLC bought a new position in shares of PGIM Active High Yield Bond ETF in the 1st quarter valued at about $131,000. Gen Wealth Partners Inc grew its holdings in PGIM Active High Yield Bond ETF by 14.3% during the first quarter. Gen Wealth Partners Inc now owns 4,026 shares of the company’s stock worth $140,000 after purchasing an additional 503 shares during the period. Mendota Financial Group LLC boosted its stake in shares of PGIM Active High Yield Bond ETF by 168.9% during the 2nd quarter. Mendota Financial Group LLC now owns 4,079 shares of the company’s stock worth $145,000 after acquiring an additional 2,562 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the first quarter valued at $216,000.

PGIM Active High Yield Bond ETF Trading Down 0.1%

PGIM Active High Yield Bond ETF stock opened at $35.19 on Wednesday. The company has a market capitalization of $459.23 million, a price-to-earnings ratio of 2.48 and a beta of 0.40. PGIM Active High Yield Bond ETF has a 12 month low of $32.98 and a 12 month high of $35.83. The stock’s 50 day moving average is $35.54 and its 200-day moving average is $35.32.

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.