Thrivent Financial for Lutherans Buys 317,591 Shares of PGIM Active High Yield Bond ETF $PHYL

Thrivent Financial for Lutherans raised its position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 538.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 376,538 shares of the company’s stock after acquiring an additional 317,591 shares during the period. Thrivent Financial for Lutherans’ holdings in PGIM Active High Yield Bond ETF were worth $13,362,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PHYL. Bensler LLC grew its holdings in PGIM Active High Yield Bond ETF by 9.8% in the fourth quarter. Bensler LLC now owns 6,948 shares of the company’s stock worth $247,000 after purchasing an additional 623 shares during the period. RFG Advisory LLC lifted its holdings in shares of PGIM Active High Yield Bond ETF by 145.1% during the fourth quarter. RFG Advisory LLC now owns 223,177 shares of the company’s stock valued at $7,918,000 after purchasing an additional 132,135 shares during the last quarter. Truist Financial Corp grew its stake in shares of PGIM Active High Yield Bond ETF by 23.2% in the 4th quarter. Truist Financial Corp now owns 10,360 shares of the company’s stock worth $368,000 after buying an additional 1,949 shares during the last quarter. Mutual Advisors LLC purchased a new stake in shares of PGIM Active High Yield Bond ETF in the 4th quarter worth approximately $2,772,000. Finally, State of New Jersey Common Pension Fund D increased its position in PGIM Active High Yield Bond ETF by 64.3% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 1,725,000 shares of the company’s stock valued at $61,203,000 after buying an additional 675,000 shares in the last quarter.

PGIM Active High Yield Bond ETF Trading Down 0.0%

PGIM Active High Yield Bond ETF stock opened at $34.92 on Tuesday. PGIM Active High Yield Bond ETF has a 12 month low of $34.47 and a 12 month high of $35.83. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 2.48 and a beta of 0.40. The business’s fifty day simple moving average is $35.03 and its two-hundred day simple moving average is $35.34.

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.