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

Garden State Investment Advisory Services LLC increased its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 9.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,466 shares of the company’s stock after acquiring an additional 1,857 shares during the quarter. Garden State Investment Advisory Services LLC owned about 0.59% of PGIM Active High Yield Bond ETF worth $769,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new position in PGIM Active High Yield Bond ETF in the 3rd quarter valued at $240,000. Private Advisor Group LLC bought a new stake in PGIM Active High Yield Bond ETF during the third quarter valued at $340,000. Austin Wealth Management LLC boosted its stake in PGIM Active High Yield Bond ETF by 28.8% during the third quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock valued at $341,000 after buying an additional 2,150 shares during the period. Bank of Montreal Can purchased a new position in PGIM Active High Yield Bond ETF during the second quarter worth about $404,000. Finally, Rovin Capital UT ADV increased its stake 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 acquiring an additional 492 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Up 0.2 %

NYSEARCA:PHYL opened at $35.50 on Monday. The stock has a market cap of $129.58 million, a P/E ratio of 2.47 and a beta of 0.32. The business’s 50-day moving average price is $35.36 and its two-hundred day moving average price is $34.99. PGIM Active High Yield Bond ETF has a twelve month low of $33.82 and a twelve month 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.