22,076 Shares in PGIM Active High Yield Bond ETF $PHYL Acquired by Flow Traders U.S. LLC

Flow Traders U.S. LLC purchased a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the second quarter, HoldingsChannel reports. The firm purchased 22,076 shares of the company’s stock, valued at approximately $783,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PHYL. Financial Network Wealth Advisors LLC increased 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 stake in shares of PGIM Active High Yield Bond ETF during the 1st quarter worth about $131,000. Gen Wealth Partners Inc boosted its holdings in shares of PGIM Active High Yield Bond ETF by 14.3% during the 1st quarter. Gen Wealth Partners Inc now owns 4,026 shares of the company’s stock worth $140,000 after buying an additional 503 shares during the period. Mendota Financial Group LLC grew its stake in PGIM Active High Yield Bond ETF by 168.9% in the 2nd quarter. Mendota Financial Group LLC now owns 4,079 shares of the company’s stock valued at $145,000 after buying an additional 2,562 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in PGIM Active High Yield Bond ETF in the 1st quarter valued at about $216,000.

PGIM Active High Yield Bond ETF Stock Down 0.1%

Shares of PHYL stock opened at $35.34 on Wednesday. PGIM Active High Yield Bond ETF has a 12-month low of $32.98 and a 12-month high of $35.83. The company has a market capitalization of $610.32 million, a PE ratio of 2.48 and a beta of 0.40. The firm has a 50 day moving average price of $35.44 and a two-hundred day moving average price of $35.39.

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.