PGIM Active High Yield Bond ETF $PHYL Shares Purchased by Mendota Financial Group LLC

Mendota Financial Group LLC grew its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 198.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,016 shares of the company’s stock after buying an additional 18,626 shares during the quarter. PGIM Active High Yield Bond ETF comprises 0.6% of Mendota Financial Group LLC’s holdings, making the stock its 22nd biggest position. Mendota Financial Group LLC’s holdings in PGIM Active High Yield Bond ETF were worth $977,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PHYL. State of New Jersey Common Pension Fund D boosted its holdings in shares of PGIM Active High Yield Bond ETF by 64.3% in the fourth 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 acquiring an additional 675,000 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in PGIM Active High Yield Bond ETF by 28.0% during the first quarter. PNC Financial Services Group Inc. now owns 723,228 shares of the company’s stock worth $25,045,000 after purchasing an additional 158,344 shares in the last quarter. LPL Financial LLC raised its holdings in PGIM Active High Yield Bond ETF by 15.6% during the fourth quarter. LPL Financial LLC now owns 422,949 shares of the company’s stock worth $15,006,000 after purchasing an additional 56,969 shares in the last quarter. Cetera Investment Advisers lifted its position in PGIM Active High Yield Bond ETF by 105.9% in the first quarter. Cetera Investment Advisers now owns 377,707 shares of the company’s stock worth $13,080,000 after purchasing an additional 194,237 shares during the period. Finally, Thrivent Financial for Lutherans lifted its position in PGIM Active High Yield Bond ETF by 538.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 376,538 shares of the company’s stock worth $13,362,000 after purchasing an additional 317,591 shares during the period.

PGIM Active High Yield Bond ETF Stock Performance

Shares of NYSEARCA PHYL opened at $34.74 on Tuesday. PGIM Active High Yield Bond ETF has a 1 year low of $34.44 and a 1 year high of $35.83. The firm has a market cap of $1.32 billion, a P/E ratio of 2.48 and a beta of 0.39. The stock has a fifty day moving average price of $34.90 and a two-hundred day moving average price of $35.11.

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.