Strategic Blueprint LLC Makes New Investment in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Strategic Blueprint LLC acquired a new position in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,855 shares of the company’s stock, valued at approximately $1,176,000. Strategic Blueprint LLC owned about 0.93% of PGIM Active High Yield Bond ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PHYL. PFW Advisors LLC bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter worth about $4,744,000. Signal Advisors Wealth LLC grew its holdings in PGIM Active High Yield Bond ETF by 98.1% during the 4th quarter. Signal Advisors Wealth LLC now owns 123,588 shares of the company’s stock worth $4,327,000 after acquiring an additional 61,186 shares during the last quarter. Ellenbecker Investment Group bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter worth about $1,670,000. PNC Financial Services Group Inc. grew its holdings in PGIM Active High Yield Bond ETF by 3,593.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 35,421 shares of the company’s stock worth $1,268,000 after acquiring an additional 34,462 shares during the last quarter. Finally, Claro Advisors LLC bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter worth about $963,000.

PGIM Active High Yield Bond ETF Stock Performance

Shares of NYSEARCA PHYL opened at $35.26 on Thursday. The firm has a market capitalization of $128.70 million, a PE ratio of 2.47 and a beta of 0.32. 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 $35.09 and its 200-day moving average is $35.16.

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.