Pgim Aaa Clo Etf $PAAA Stock Position Raised by Everest Management Corp.

Everest Management Corp. lifted its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 86.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,672 shares of the company’s stock after buying an additional 10,050 shares during the quarter. Pgim Aaa Clo Etf comprises 0.7% of Everest Management Corp.’s investment portfolio, making the stock its 26th largest holding. Everest Management Corp.’s holdings in Pgim Aaa Clo Etf were worth $1,116,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Indie Asset Partners LLC bought a new position in Pgim Aaa Clo Etf during the third quarter valued at approximately $2,825,000. Mraz Amerine & Associates Inc. raised its holdings in shares of Pgim Aaa Clo Etf by 59.3% during the 3rd quarter. Mraz Amerine & Associates Inc. now owns 43,281 shares of the company’s stock valued at $2,229,000 after purchasing an additional 16,103 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Pgim Aaa Clo Etf by 32.7% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 37,455 shares of the company’s stock valued at $1,929,000 after purchasing an additional 9,232 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in Pgim Aaa Clo Etf by 1.7% in the third quarter. Prospera Financial Services Inc now owns 57,417 shares of the company’s stock worth $2,957,000 after purchasing an additional 960 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new position in Pgim Aaa Clo Etf during the third quarter worth $216,000.

Pgim Aaa Clo Etf Stock Performance

NYSEARCA PAAA opened at $51.42 on Friday. Pgim Aaa Clo Etf has a fifty-two week low of $50.44 and a fifty-two week high of $52.06. The stock’s 50-day moving average is $51.36 and its two-hundred day moving average is $51.37.

Pgim Aaa Clo Etf Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1933 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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.