BlackDiamond Wealth Management LLC Has $234,000 Holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

BlackDiamond Wealth Management LLC increased its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,748 shares of the company’s stock after purchasing an additional 378 shares during the period. BlackDiamond Wealth Management LLC’s holdings in PGIM Active High Yield Bond ETF were worth $234,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Goodwin Investment Advisory acquired a new position in PGIM Active High Yield Bond ETF in the fourth quarter valued at about $8,231,000. PNC Financial Services Group Inc. boosted its position in shares of 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 buying an additional 65,442 shares during the period. Global Retirement Partners LLC boosted its position in shares of PGIM Active High Yield Bond ETF by 35.3% during the fourth quarter. Global Retirement Partners LLC now owns 5,351 shares of the company’s stock worth $186,000 after buying an additional 1,395 shares during the period. Garden State Investment Advisory Services LLC boosted its position in shares of PGIM Active High Yield Bond ETF by 9.5% during the third quarter. Garden State Investment Advisory Services LLC now owns 21,466 shares of the company’s stock worth $769,000 after buying an additional 1,857 shares during the period. Finally, Rovin Capital UT ADV boosted its position in shares of PGIM Active High Yield Bond ETF by 5.7% during the fourth quarter. Rovin Capital UT ADV now owns 24,600 shares of the company’s stock worth $855,000 after buying an additional 1,320 shares during the period.

PGIM Active High Yield Bond ETF Price Performance

PHYL stock opened at $34.90 on Tuesday. The stock has a market capitalization of $265.24 million, a P/E ratio of 2.51 and a beta of 0.48. The business has a 50-day moving average of $35.11 and a 200-day moving average of $35.21. PGIM Active High Yield Bond ETF has a fifty-two week low of $33.91 and a fifty-two week high of $35.84.

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.