Austin Wealth Management LLC Has $264,000 Stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Austin Wealth Management LLC decreased its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 21.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,529 shares of the company’s stock after selling 2,088 shares during the quarter. Austin Wealth Management LLC owned about 0.21% of PGIM Active High Yield Bond ETF worth $264,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D acquired a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth approximately $12,159,000. Goodwin Investment Advisory bought a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth $8,231,000. PFW Advisors LLC bought a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth $4,744,000. Fjell Capital LLC bought a new stake in PGIM Active High Yield Bond ETF during the fourth quarter worth $3,389,000. Finally, PNC Financial Services Group Inc. lifted its stake in PGIM Active High Yield Bond ETF by 184.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 100,863 shares of the company’s stock worth $3,504,000 after purchasing an additional 65,442 shares during the last quarter.

PGIM Active High Yield Bond ETF Stock Performance

Shares of PHYL opened at $34.87 on Wednesday. PGIM Active High Yield Bond ETF has a 52 week low of $33.91 and a 52 week high of $35.84. The stock has a market capitalization of $265.01 million, a price-to-earnings ratio of 2.51 and a beta of 0.48. The stock has a fifty day moving average of $35.11 and a 200-day moving average of $35.23.

PGIM Active High Yield Bond ETF Company 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.