PGIM ETF Trust

PGIM Active High Yield Bond ETF

(the "Fund")

Supplement dated March 16, 2023

to the Fund's Currently Effective Summary Prospectus and Prospectus

You should read this Supplement in conjunction with the Fund's Summary Prospectus and Prospectus and retain it for

future reference.

Effective immediately, Mr. Brian Lalli is added to the Fund's portfolio management team.

To reflect this change, the Fund's Summary Prospectus and Prospectus are hereby revised as follows effective immediately:

1.The table in the section of the Fund's Summary Prospectus and Prospectus entitled "Management of the Fund" is hereby revised by adding the information set forth below with respect to Mr. Lalli:

Investment	Subadviser	Portfolio	Title	Service Date
Managers		Managers
PGIM Investments	PGIM Fixed	Brian Lalli	Principal and Portfolio	March 2023
LLC	Income		Manager

2.The section of the Fund's Prospectus entitled "How the Fund is Managed – Portfolio Managers", is hereby revised by adding the following professional biography for Mr. Lalli:

Brian Lalli is a Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team. Previously, Mr. Lalli was a credit analyst for PGIM Fixed Income's U.S. Leveraged Finance Credit Research team. Prior to joining the Firm in 2020, Mr. Lalli was a Director at Barclays, covering several high yield and investment grades sectors as a senior credit analyst since 2010. Mr. Lalli received a BS in Business and Technology and a minor in Economics from Stevens Institute of Technology.

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