Larson Financial Group LLC Acquires 214,108 Shares of PGIM Active Aggregate Bond ETF $PAB

Larson Financial Group LLC raised its holdings in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 56.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 595,402 shares of the company’s stock after buying an additional 214,108 shares during the quarter. PGIM Active Aggregate Bond ETF accounts for about 0.9% of Larson Financial Group LLC’s investment portfolio, making the stock its 20th largest position. Larson Financial Group LLC owned about 27.95% of PGIM Active Aggregate Bond ETF worth $25,566,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of PGIM Active Aggregate Bond ETF by 63.0% during the first quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock worth $1,037,000 after buying an additional 9,464 shares during the last quarter. Intrua Financial LLC grew its stake in shares of PGIM Active Aggregate Bond ETF by 18.8% in the third quarter. Intrua Financial LLC now owns 129,756 shares of the company’s stock worth $5,572,000 after acquiring an additional 20,537 shares during the last quarter. Coign Capital Advisors LLC bought a new position in PGIM Active Aggregate Bond ETF during the third quarter worth $6,950,000. Citadel Advisors LLC increased its position in PGIM Active Aggregate Bond ETF by 423.2% during the third quarter. Citadel Advisors LLC now owns 41,435 shares of the company’s stock worth $1,779,000 after acquiring an additional 33,516 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in PGIM Active Aggregate Bond ETF during the third quarter worth $246,000.

PGIM Active Aggregate Bond ETF Trading Up 0.5%

NYSEARCA:PAB opened at $42.59 on Tuesday. PGIM Active Aggregate Bond ETF has a one year low of $40.73 and a one year high of $43.55. The company has a fifty day moving average price of $42.91 and a 200 day moving average price of $42.95.

PGIM Active Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1469 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About PGIM Active Aggregate Bond ETF

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.