Milestone Asset Management LLC Sells 492 Shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL)

Milestone Asset Management LLC lessened its stake in shares of PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 3.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,176 shares of the company’s stock after selling 492 shares during the period. Milestone Asset Management LLC’s holdings in PGIM Active High Yield Bond ETF were worth $423,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PHYL. PFW Advisors LLC acquired a new stake in shares of PGIM Active High Yield Bond ETF in the fourth quarter valued at $4,744,000. Signal Advisors Wealth LLC lifted its stake in shares of PGIM Active High Yield Bond ETF by 98.1% during the fourth quarter. Signal Advisors Wealth LLC now owns 123,588 shares of the company’s stock valued at $4,327,000 after acquiring an additional 61,186 shares during the period. Ellenbecker Investment Group bought a new position in PGIM Active High Yield Bond ETF in the fourth quarter valued at about $1,670,000. PNC Financial Services Group Inc. increased its position in PGIM Active High Yield Bond ETF by 3,593.5% in the third quarter. PNC Financial Services Group Inc. now owns 35,421 shares of the company’s stock worth $1,268,000 after purchasing an additional 34,462 shares during the period. Finally, Strategic Blueprint LLC bought a new stake in PGIM Active High Yield Bond ETF during the 4th quarter worth about $1,176,000.

PGIM Active High Yield Bond ETF Trading Up 0.1 %

PGIM Active High Yield Bond ETF stock opened at $35.29 on Friday. PGIM Active High Yield Bond ETF has a 1 year low of $33.91 and a 1 year high of $35.84. The company’s 50-day moving average is $35.09 and its two-hundred day moving average is $35.16. The company has a market cap of $128.81 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.