Ellenbecker Investment Group Has $6.32 Million Position in PGIM Active High Yield Bond ETF $PHYL

Ellenbecker Investment Group boosted its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 18.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,603 shares of the company’s stock after acquiring an additional 28,229 shares during the period. PGIM Active High Yield Bond ETF accounts for about 0.9% of Ellenbecker Investment Group’s portfolio, making the stock its 15th biggest position. Ellenbecker Investment Group owned about 0.51% of PGIM Active High Yield Bond ETF worth $6,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF during the 2nd quarter worth $26,000. Evolution Wealth Management Inc. acquired a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth about $33,000. Montag A & Associates Inc. bought a new position in PGIM Active High Yield Bond ETF in the 3rd quarter valued at about $42,000. Stance Capital LLC acquired a new position in shares of PGIM Active High Yield Bond ETF in the 3rd quarter valued at approximately $70,000. Finally, Anchor Investment Management LLC raised its position in shares of PGIM Active High Yield Bond ETF by 20.7% in the 3rd quarter. Anchor Investment Management LLC now owns 3,045 shares of the company’s stock valued at $109,000 after buying an additional 523 shares in the last quarter.

PGIM Active High Yield Bond ETF Trading Down 0.7%

Shares of PGIM Active High Yield Bond ETF stock opened at $34.88 on Wednesday. The company has a 50 day moving average of $35.08 and a 200-day moving average of $35.26. PGIM Active High Yield Bond ETF has a 1-year low of $34.47 and a 1-year high of $35.83. The company has a market cap of $1.32 billion, a PE ratio of 2.48 and a beta of 0.39.

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.