Pgim Aaa Clo Etf $PAAA Stock: Team Financial Group LLC Grows Stake

Team Financial Group LLC boosted its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 308.4% in the 3rd quarter, Holdings Channel reports. The firm owned 150,988 shares of the company’s stock after buying an additional 114,018 shares during the period. Pgim Aaa Clo Etf makes up approximately 3.2% of Team Financial Group LLC’s portfolio, making the stock its 11th largest holding. Team Financial Group LLC’s holdings in Pgim Aaa Clo Etf were worth $7,744,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PAAA. Cornerstone Advisors Asset Management LLC grew its position in Pgim Aaa Clo Etf by 1.1% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 21,478 shares of the company’s stock worth $1,101,000 after buying an additional 243 shares during the last quarter. Stewardship Advisors LLC lifted its position in shares of Pgim Aaa Clo Etf by 4.4% during the 3rd quarter. Stewardship Advisors LLC now owns 11,340 shares of the company’s stock valued at $582,000 after acquiring an additional 474 shares during the last quarter. Riverchase Wealth Management LLC lifted its position in shares of Pgim Aaa Clo Etf by 1.6% during the 3rd quarter. Riverchase Wealth Management LLC now owns 32,275 shares of the company’s stock valued at $1,655,000 after acquiring an additional 502 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Pgim Aaa Clo Etf during the 1st quarter valued at $26,000. Finally, Nwam LLC boosted its stake in shares of Pgim Aaa Clo Etf by 8.5% during the 1st quarter. Nwam LLC now owns 12,345 shares of the company’s stock worth $632,000 after acquiring an additional 970 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of NYSEARCA PAAA opened at $51.33 on Thursday. The stock’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 52-week low of $51.16 and a 52-week high of $51.54.

Pgim Aaa Clo Etf 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.