429,144 Shares of PGIM Active Aggregate Bond ETF $PAB Bought by KWB Wealth

KWB Wealth acquired a new position in shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 429,144 shares of the company’s stock, valued at approximately $17,230,000. PGIM Active Aggregate Bond ETF accounts for about 1.5% of KWB Wealth’s holdings, making the stock its 13th biggest position. KWB Wealth owned 17.73% of PGIM Active Aggregate Bond ETF at the end of the most recent quarter.

Separately, Cetera Investment Advisers raised its stake in shares of PGIM Active Aggregate Bond ETF by 15.8% during the first quarter. Cetera Investment Advisers now owns 40,942 shares of the company’s stock valued at $1,733,000 after purchasing an additional 5,589 shares during the period.

PGIM Active Aggregate Bond ETF Price Performance

PGIM Active Aggregate Bond ETF stock remained flat at $40.69 during midday trading on Friday. 2,539 shares of the company traded hands, compared to its average volume of 20,313. PGIM Active Aggregate Bond ETF has a 12-month low of $40.05 and a 12-month high of $43.55. The company has a 50-day simple moving average of $41.03 and a 200 day simple moving average of $41.74.

PGIM Active Aggregate Bond ETF Company Profile

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.