Pgim Aaa Clo Etf $PAAA Shares Newly Purchased by Secure Asset Management LLC

Secure Asset Management LLC purchased a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 312,077 shares of the company’s stock, valued at approximately $16,006,000. Pgim Aaa Clo Etf makes up 2.0% of Secure Asset Management LLC’s portfolio, making the stock its 10th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in PAAA. Bank of America Corp DE lifted its stake in Pgim Aaa Clo Etf by 19.6% in the first quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock valued at $422,153,000 after buying an additional 1,352,768 shares during the last quarter. Sei Investments Co. acquired a new stake in shares of Pgim Aaa Clo Etf in the first quarter valued at approximately $311,627,000. Royal Bank of Canada boosted its holdings in shares of Pgim Aaa Clo Etf by 1,170.7% in the first quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock valued at $197,966,000 after acquiring an additional 3,563,618 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Pgim Aaa Clo Etf by 18.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,682,303 shares of the company’s stock worth $86,252,000 after acquiring an additional 267,180 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Pgim Aaa Clo Etf by 29.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,203,448 shares of the company’s stock worth $61,592,000 after acquiring an additional 271,557 shares during the last quarter.

Pgim Aaa Clo Etf Stock Up 0.0%

Shares of Pgim Aaa Clo Etf stock opened at $51.43 on Tuesday. The firm’s fifty day simple moving average is $51.41 and its 200-day simple moving average is $51.38. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54.

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.