Jones Financial Companies Lllp Buys 42,791 Shares of PGIM Active High Yield Bond ETF $PHYL

Jones Financial Companies Lllp raised its stake in PGIM Active High Yield Bond ETF (NYSEARCA:PHYL) by 130.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,626 shares of the company’s stock after buying an additional 42,791 shares during the period. Jones Financial Companies Lllp’s holdings in PGIM Active High Yield Bond ETF were worth $2,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of PHYL. Inspire Advisors LLC grew its stake in PGIM Active High Yield Bond ETF by 13.1% in the third quarter. Inspire Advisors LLC now owns 320,648 shares of the company’s stock worth $11,463,000 after purchasing an additional 37,113 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in PGIM Active High Yield Bond ETF by 32.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 26,853 shares of the company’s stock valued at $953,000 after purchasing an additional 6,571 shares in the last quarter. Advisory Resource Group lifted its holdings in shares of PGIM Active High Yield Bond ETF by 6.2% in the 2nd quarter. Advisory Resource Group now owns 122,821 shares of the company’s stock worth $4,359,000 after buying an additional 7,135 shares during the period. Flow Traders U.S. LLC bought a new position in shares of PGIM Active High Yield Bond ETF during the 2nd quarter worth $783,000. Finally, Sax Wealth Advisors LLC grew its position in shares of PGIM Active High Yield Bond ETF by 43.0% during the 3rd quarter. Sax Wealth Advisors LLC now owns 89,832 shares of the company’s stock worth $3,211,000 after buying an additional 27,027 shares in the last quarter.

PGIM Active High Yield Bond ETF Trading Up 0.3%

Shares of PGIM Active High Yield Bond ETF stock opened at $35.55 on Monday. The stock’s fifty day moving average price is $35.56 and its 200-day moving average price is $35.53. The firm has a market cap of $917.19 million, a P/E ratio of 2.48 and a beta of 0.40. PGIM Active High Yield Bond ETF has a 12 month low of $32.98 and a 12 month high of $35.83.

PGIM Active High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2058 per share. This is a positive change from PGIM Active High Yield Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.9%.

PGIM Active High Yield Bond ETF Company 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.