PGIM Short Duration High Yield ETF $PSH Position Increased by IAG Wealth Partners LLC

IAG Wealth Partners LLC grew its stake in shares of PGIM Short Duration High Yield ETF (BATS:PSH) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 332,577 shares of the company’s stock after acquiring an additional 10,764 shares during the period. PGIM Short Duration High Yield ETF accounts for 1.5% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest holding. IAG Wealth Partners LLC owned 7.56% of PGIM Short Duration High Yield ETF worth $16,187,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. EverSource Wealth Advisors LLC grew its stake in shares of PGIM Short Duration High Yield ETF by 2.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 122,883 shares of the company’s stock valued at $6,094,000 after buying an additional 3,471 shares in the last quarter. Almitas Capital LLC acquired a new position in shares of PGIM Short Duration High Yield ETF during the 2nd quarter valued at about $5,977,000. Evolve Private Wealth LLC acquired a new position in shares of PGIM Short Duration High Yield ETF during the 2nd quarter valued at about $1,162,000. Finally, Global Retirement Partners LLC bought a new position in shares of PGIM Short Duration High Yield ETF in the 2nd quarter valued at approximately $26,000.

PGIM Short Duration High Yield ETF Price Performance

Shares of PSH stock opened at $48.81 on Friday. The stock’s 50 day simple moving average is $49.09 and its 200 day simple moving average is $49.79. PGIM Short Duration High Yield ETF has a twelve month low of $48.62 and a twelve month high of $50.75.

PGIM Short Duration High Yield ETF Company Profile

The PGIM Short Duration HIgh Yield ETF (PSH) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of global fixed income securities that are rated below investment grade. The fund aims to maintain an average portfolio duration of three years or less PSH was launched on Dec 14, 2023 and is issued by PGIM.