PGIM Active High Yield Bond ETF $PHYL Shares Sold by First Citizens Financial Corp

First Citizens Financial Corp lessened its stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,314 shares of the company’s stock after selling 1,753 shares during the period. First Citizens Financial Corp owned 0.42% of PGIM Active High Yield Bond ETF worth $1,324,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. acquired a new position in PGIM Active High Yield Bond ETF in the 1st quarter valued at about $233,000. Envestnet Asset Management Inc. increased its position in PGIM Active High Yield Bond ETF by 69.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 558,641 shares of the company’s stock valued at $19,452,000 after acquiring an additional 229,883 shares during the period. Ellenbecker Investment Group increased its position in PGIM Active High Yield Bond ETF by 58.9% during the 1st quarter. Ellenbecker Investment Group now owns 76,381 shares of the company’s stock worth $2,660,000 after purchasing an additional 28,317 shares during the period. LPL Financial LLC increased its position in PGIM Active High Yield Bond ETF by 71.3% during the 1st quarter. LPL Financial LLC now owns 431,349 shares of the company’s stock worth $15,020,000 after purchasing an additional 179,539 shares during the period. Finally, American Alpha Advisors LLC increased its position in PGIM Active High Yield Bond ETF by 4.6% during the 1st quarter. American Alpha Advisors LLC now owns 170,436 shares of the company’s stock worth $5,935,000 after purchasing an additional 7,451 shares during the period.

PGIM Active High Yield Bond ETF Trading Down 0.0%

NYSEARCA PHYL opened at $35.73 on Friday. The business’s 50 day moving average is $35.45 and its two-hundred day moving average is $34.99. PGIM Active High Yield Bond ETF has a 12-month low of $32.98 and a 12-month high of $35.84. The stock has a market capitalization of $426.97 million, a price-to-earnings ratio of 2.48 and a beta of 0.45.

PGIM Active High Yield Bond ETF Company 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.