Ellenbecker Investment Group Buys Shares of 48,064 PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Ellenbecker Investment Group purchased a new position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,064 shares of the company’s stock, valued at approximately $1,670,000. Ellenbecker Investment Group owned approximately 1.32% of PGIM Active High Yield Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Flow Traders U.S. LLC acquired a new stake in PGIM Active High Yield Bond ETF in the third quarter worth about $240,000. Hilltop Holdings Inc. acquired a new stake in shares of PGIM Active High Yield Bond ETF in the 3rd quarter worth approximately $304,000. Private Advisor Group LLC bought a new position in shares of PGIM Active High Yield Bond ETF in the third quarter valued at approximately $340,000. Austin Wealth Management LLC boosted its holdings in shares of PGIM Active High Yield Bond ETF by 28.8% in the third quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock valued at $341,000 after acquiring an additional 2,150 shares in the last quarter. Finally, Bank of Montreal Can acquired a new position in shares of PGIM Active High Yield Bond ETF during the second quarter valued at approximately $404,000.

PGIM Active High Yield Bond ETF Price Performance

PHYL opened at $34.69 on Tuesday. The business has a 50 day moving average price of $35.13 and a two-hundred day moving average price of $35.11. The company has a market capitalization of $126.62 million, a price-to-earnings ratio of 2.47 and a beta of 0.32. PGIM Active High Yield Bond ETF has a 1-year low of $33.91 and a 1-year high of $35.84.

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.