Bank of Montreal Can Makes New $404,000 Investment in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Bank of Montreal Can purchased a new stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 11,695 shares of the company’s stock, valued at approximately $404,000. Bank of Montreal Can owned approximately 0.32% of PGIM Active High Yield Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Foguth Wealth Management LLC. acquired a new position in shares of PGIM Active High Yield Bond ETF in the 2nd quarter valued at about $1,251,000. Fifth Third Securities Inc. bought a new position in shares of PGIM Active High Yield Bond ETF in the second quarter worth $2,322,000. First Citizens Financial Corp boosted its holdings 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 valued at $1,166,000 after acquiring an additional 754 shares in the last quarter. Adams Wealth Management grew its holdings in PGIM Active High Yield Bond ETF by 23.1% during the first quarter. Adams Wealth Management now owns 93,238 shares of the company’s stock worth $3,266,000 after acquiring an additional 17,473 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of PGIM Active High Yield Bond ETF during the 1st quarter valued at $679,000.

PGIM Active High Yield Bond ETF Trading Up 0.0 %

PHYL stock opened at $35.31 on Friday. The firm has a 50-day moving average of $35.25 and a two-hundred day moving average of $34.75. PGIM Active High Yield Bond ETF has a one year low of $32.42 and a one year high of $35.84. The firm has a market capitalization of $128.88 million, a PE 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.