Rovin Capital UT ADV Has $855,000 Stock Holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Rovin Capital UT ADV lifted its holdings in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 5.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,600 shares of the company’s stock after buying an additional 1,320 shares during the quarter. Rovin Capital UT ADV owned about 0.67% of PGIM Active High Yield Bond ETF worth $855,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PFW Advisors LLC bought a new position in shares of PGIM Active High Yield Bond ETF in the fourth quarter worth about $4,744,000. Signal Advisors Wealth LLC raised its position 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 worth $4,327,000 after purchasing an additional 61,186 shares during the last quarter. CacheTech Inc. lifted its holdings in PGIM Active High Yield Bond ETF by 7.4% during the 3rd quarter. CacheTech Inc. now owns 115,267 shares of the company’s stock worth $4,127,000 after buying an additional 7,903 shares in the last quarter. Townsquare Capital LLC boosted its position 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 buying an additional 1,494 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in shares of PGIM Active High Yield Bond ETF by 9.2% in the 3rd quarter. MML Investors Services LLC now owns 64,572 shares of the company’s stock valued at $2,312,000 after buying an additional 5,424 shares during the period.

PGIM Active High Yield Bond ETF Trading Up 0.7 %

Shares of NYSEARCA PHYL opened at $34.98 on Thursday. PGIM Active High Yield Bond ETF has a 1 year low of $33.91 and a 1 year high of $35.84. The firm’s 50-day moving average is $35.11 and its 200-day moving average is $35.11. The firm has a market capitalization of $127.68 million, a PE ratio of 2.47 and a beta of 0.32.

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.