Osaic Holdings Inc. Increases Holdings in PGIM Active High Yield Bond ETF $PHYL

Osaic Holdings Inc. boosted its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 62.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,971 shares of the company’s stock after buying an additional 17,696 shares during the period. Osaic Holdings Inc.’s holdings in PGIM Active High Yield Bond ETF were worth $1,632,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PHYL. Prudential Financial Inc. increased its stake in shares of PGIM Active High Yield Bond ETF by 32.9% in the 2nd quarter. Prudential Financial Inc. now owns 1,896,065 shares of the company’s stock worth $66,656,000 after acquiring an additional 469,822 shares during the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of PGIM Active High Yield Bond ETF by 63.2% in the second quarter. State of New Jersey Common Pension Fund D now owns 775,000 shares of the company’s stock valued at $27,505,000 after purchasing an additional 300,000 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of PGIM Active High Yield Bond ETF by 21.9% in the second quarter. Envestnet Asset Management Inc. now owns 680,797 shares of the company’s stock valued at $24,161,000 after purchasing an additional 122,156 shares during the period. Vestmark Advisory Solutions Inc. increased its position in PGIM Active High Yield Bond ETF by 141.3% during the second quarter. Vestmark Advisory Solutions Inc. now owns 556,890 shares of the company’s stock worth $19,764,000 after purchasing an additional 326,057 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in PGIM Active High Yield Bond ETF during the second quarter worth about $10,245,000.

PGIM Active High Yield Bond ETF Price Performance

NYSEARCA:PHYL opened at $35.66 on Tuesday. The company’s 50-day moving average is $35.45 and its two-hundred day moving average is $35.45. PGIM Active High Yield Bond ETF has a 1-year low of $32.98 and a 1-year high of $35.83. The firm has a market capitalization of $691.09 million, a price-to-earnings ratio of 2.48 and a beta of 0.40.

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.