Entelevest LLC Invests $3.25 Million in Pgim Aaa Clo Etf $PAAA

Entelevest LLC acquired a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 63,307 shares of the company’s stock, valued at approximately $3,245,000. Pgim Aaa Clo Etf comprises approximately 3.3% of Entelevest LLC’s holdings, making the stock its 5th largest position.

Several other hedge funds have also recently made changes to their positions in the business. Bank of America Corp DE raised its position in shares of Pgim Aaa Clo Etf by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 5,674,060 shares of the company’s stock worth $292,214,000 after acquiring an additional 454,661 shares in the last quarter. LPL Financial LLC raised its position in shares of Pgim Aaa Clo Etf by 39.9% in the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock worth $206,840,000 after acquiring an additional 1,151,352 shares in the last quarter. UBS Group AG raised its position in shares of Pgim Aaa Clo Etf by 87.5% in the 4th quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock worth $68,553,000 after acquiring an additional 624,288 shares in the last quarter. Norden Group LLC raised its position in shares of Pgim Aaa Clo Etf by 6.7% in the 4th quarter. Norden Group LLC now owns 1,244,112 shares of the company’s stock worth $63,773,000 after acquiring an additional 78,267 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Pgim Aaa Clo Etf by 18.7% in the 4th quarter. JPMorgan Chase & Co. now owns 1,154,730 shares of the company’s stock worth $59,191,000 after acquiring an additional 181,643 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.37 on Thursday. The stock has a 50-day moving average of $51.36 and a 200-day moving average of $51.35. Pgim Aaa Clo Etf has a one year low of $51.16 and a one year high of $51.54.

Pgim Aaa Clo Etf Company Profile

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.