Alexander Labrunerie & CO. Inc. Invests $319,000 in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Alexander Labrunerie & CO. Inc. purchased a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 9,187 shares of the company’s stock, valued at approximately $319,000. Alexander Labrunerie & CO. Inc. owned about 0.25% of PGIM Active High Yield Bond ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. PFW Advisors LLC acquired a new position in PGIM Active High Yield Bond ETF in the 4th quarter valued at $4,744,000. Signal Advisors Wealth LLC grew its stake in PGIM Active High Yield Bond ETF by 98.1% in the 4th quarter. Signal Advisors Wealth LLC now owns 123,588 shares of the company’s stock valued at $4,327,000 after buying an additional 61,186 shares during the last quarter. CacheTech Inc. boosted its holdings in PGIM Active High Yield Bond ETF by 7.4% in the 3rd quarter. CacheTech Inc. now owns 115,267 shares of the company’s stock valued at $4,127,000 after purchasing an additional 7,903 shares during the period. Townsquare Capital LLC boosted its holdings in PGIM Active High Yield Bond ETF by 1.4% in the 3rd quarter. Townsquare Capital LLC now owns 111,929 shares of the company’s stock valued at $4,007,000 after purchasing an additional 1,494 shares during the period. Finally, Fifth Third Securities Inc. boosted its holdings in PGIM Active High Yield Bond ETF by 40.3% in the 4th quarter. Fifth Third Securities Inc. now owns 94,549 shares of the company’s stock valued at $3,285,000 after purchasing an additional 27,144 shares during the period.

PGIM Active High Yield Bond ETF Price Performance

Shares of PGIM Active High Yield Bond ETF stock opened at $35.12 on Wednesday. PGIM Active High Yield Bond ETF has a fifty-two week low of $33.91 and a fifty-two week high of $35.84. The firm has a fifty day moving average price of $35.08 and a two-hundred day moving average price of $35.17. The company has a market cap of $128.19 million, a PE ratio of 2.47 and a beta of 0.32.

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.