First Citizens Financial Corp Raises Holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

First Citizens Financial Corp increased its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 6.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,067 shares of the company’s stock after purchasing an additional 2,515 shares during the quarter. First Citizens Financial Corp owned approximately 0.51% of PGIM Active High Yield Bond ETF worth $1,360,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Harbour Investments Inc. acquired a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at about $75,000. Anchor Investment Management LLC acquired a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at about $86,000. Gen Wealth Partners Inc acquired a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at about $122,000. Creative Financial Designs Inc. ADV acquired a new position in PGIM Active High Yield Bond ETF during the 4th quarter valued at about $137,000. Finally, Global Retirement Partners LLC increased its position 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 buying an additional 1,395 shares in the last quarter.

PGIM Active High Yield Bond ETF Price Performance

Shares of NYSEARCA:PHYL opened at $34.90 on Thursday. The business’s 50-day moving average is $34.45 and its 200 day moving average is $34.89. 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 capitalization of $287.23 million, a P/E ratio of 2.48 and a beta of 0.41.

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.