PNC Financial Services Group Inc. grew its position in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL – Free Report) by 3,593.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,421 shares of the company’s stock after acquiring an additional 34,462 shares during the quarter. PNC Financial Services Group Inc.’s holdings in PGIM Active High Yield Bond ETF were worth $1,268,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. First Citizens Financial Corp boosted its position in shares of PGIM Active High Yield Bond ETF by 2.3% in the first quarter. First Citizens Financial Corp now owns 33,283 shares of the company’s stock worth $1,166,000 after buying an additional 754 shares during the period. Fifth Third Securities Inc. purchased a new stake in shares of PGIM Active High Yield Bond ETF during the second quarter worth about $2,322,000. Foguth Wealth Management LLC. purchased a new position in PGIM Active High Yield Bond ETF in the second quarter valued at about $1,251,000. Bank of Montreal Can acquired a new stake in PGIM Active High Yield Bond ETF during the 2nd quarter valued at approximately $404,000. Finally, Private Advisor Group LLC purchased a new stake in PGIM Active High Yield Bond ETF during the 3rd quarter worth approximately $340,000.
PGIM Active High Yield Bond ETF Trading Up 0.2 %
PHYL stock opened at $35.44 on Thursday. The firm has a 50 day simple moving average of $35.37 and a 200-day simple moving average of $34.96. The company has a market capitalization of $129.34 million, a P/E ratio of 2.47 and a beta of 0.32. PGIM Active High Yield Bond ETF has a twelve month low of $33.72 and a twelve month 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.
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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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