Garden State Investment Advisory Services LLC Purchases 1,857 Shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Garden State Investment Advisory Services LLC boosted its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 9.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,466 shares of the company’s stock after acquiring an additional 1,857 shares during the period. Garden State Investment Advisory Services LLC’s holdings in PGIM Active High Yield Bond ETF were worth $769,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF during the third quarter worth about $240,000. Private Advisor Group LLC purchased a new position in PGIM Active High Yield Bond ETF during the 3rd quarter valued at about $340,000. Austin Wealth Management LLC raised its position in PGIM Active High Yield Bond ETF by 28.8% during the 3rd quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock valued at $341,000 after purchasing an additional 2,150 shares during the last quarter. Bank of Montreal Can purchased a new stake in PGIM Active High Yield Bond ETF in the 2nd quarter worth approximately $404,000. Finally, Rovin Capital UT ADV lifted its holdings in PGIM Active High Yield Bond ETF by 2.2% in the 3rd quarter. Rovin Capital UT ADV now owns 23,280 shares of the company’s stock worth $833,000 after buying an additional 492 shares during the period.

PGIM Active High Yield Bond ETF Stock Up 0.2 %

Shares of PGIM Active High Yield Bond ETF stock opened at $35.50 on Monday. The business has a 50 day moving average of $35.36 and a 200 day moving average of $34.99. PGIM Active High Yield Bond ETF has a 52 week low of $33.82 and a 52 week high of $35.84. The company has a market cap of $129.58 million, a PE ratio of 2.47 and a beta of 0.32.

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.