Pgim Aaa Clo Etf $PAAA Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 89.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 279,067 shares of the company’s stock after acquiring an additional 131,986 shares during the period. HighTower Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $14,372,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Bank of America Corp DE grew its position in Pgim Aaa Clo Etf by 21.8% in the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock valued at $268,538,000 after buying an additional 934,216 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Pgim Aaa Clo Etf by 632.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 689,582 shares of the company’s stock worth $35,479,000 after acquiring an additional 595,416 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Pgim Aaa Clo Etf by 38.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,968,503 shares of the company’s stock worth $101,358,000 after acquiring an additional 545,037 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Pgim Aaa Clo Etf by 2.3% in the second quarter. Prudential Financial Inc. now owns 20,667,923 shares of the company’s stock valued at $1,063,365,000 after acquiring an additional 472,028 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Pgim Aaa Clo Etf by 105.6% during the third quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock worth $29,292,000 after acquiring an additional 292,154 shares during the period.

Pgim Aaa Clo Etf Price Performance

NYSEARCA PAAA opened at $51.47 on Friday. Pgim Aaa Clo Etf has a 52-week low of $50.44 and a 52-week high of $52.06. The firm has a 50-day moving average price of $51.37 and a 200 day moving average price of $51.37.

Pgim Aaa Clo Etf Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1933 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

About Pgim Aaa Clo Etf

The PGIM AAA CLO ETF (PAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds USD-denominated collateralized loan obligations with AAA credit rating. Securities are selected using both top-down analysis and bottom-up research. PAAA was launched on Jul 19, 2023 and is issued by PGIM.