CacheTech Inc. grew its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 7.4% in the third quarter, HoldingsChannel reports. The fund owned 115,267 shares of the company’s stock after buying an additional 7,903 shares during the quarter. PGIM Active High Yield Bond ETF makes up about 0.9% of CacheTech Inc.’s portfolio, making the stock its 24th largest position. CacheTech Inc.’s holdings in PGIM Active High Yield Bond ETF were worth $4,127,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in PGIM Active High Yield Bond ETF during the first quarter worth about $679,000. Bank of Montreal Can purchased a new stake in shares of PGIM Active High Yield Bond ETF during the 2nd quarter worth about $404,000. Fifth Third Securities Inc. acquired a new stake in PGIM Active High Yield Bond ETF during the 2nd quarter worth approximately $2,322,000. Austin Wealth Management LLC raised its holdings in PGIM Active High Yield Bond ETF by 28.8% in the third quarter. Austin Wealth Management LLC now owns 9,617 shares of the company’s stock valued at $341,000 after buying an additional 2,150 shares during the period. Finally, Foguth Wealth Management LLC. purchased a new stake in PGIM Active High Yield Bond ETF during the second quarter worth approximately $1,251,000.
PGIM Active High Yield Bond ETF Stock Down 0.1 %
PGIM Active High Yield Bond ETF stock opened at $34.98 on Friday. The firm has a fifty day moving average of $35.38 and a 200-day moving average of $34.82. PGIM Active High Yield Bond ETF has a 52-week low of $33.02 and a 52-week high of $35.84. The firm has a market capitalization of $127.68 million, a P/E ratio of 2.47 and a beta of 0.32.
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.
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Want to see what other hedge funds are holding PHYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report).
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