MAI Capital Management Increases Holdings in Pgim Aaa Clo Etf $PAAA

MAI Capital Management boosted its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 192.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,441 shares of the company’s stock after buying an additional 20,041 shares during the quarter. MAI Capital Management’s holdings in Pgim Aaa Clo Etf were worth $1,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in PAAA. Bank of America Corp DE boosted its stake in shares of Pgim Aaa Clo Etf by 21.8% in the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock valued at $268,538,000 after purchasing an additional 934,216 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Pgim Aaa Clo Etf by 632.3% in the second quarter. PNC Financial Services Group Inc. now owns 689,582 shares of the company’s stock worth $35,479,000 after purchasing an additional 595,416 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Pgim Aaa Clo Etf by 38.3% during the third quarter. Jones Financial Companies Lllp now owns 1,968,503 shares of the company’s stock valued at $101,358,000 after buying an additional 545,037 shares during the period. Prudential Financial Inc. boosted its position in Pgim Aaa Clo Etf by 2.3% during the second quarter. Prudential Financial Inc. now owns 20,667,923 shares of the company’s stock valued at $1,063,365,000 after buying an additional 472,028 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Pgim Aaa Clo Etf by 105.6% during the third quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock valued at $29,292,000 after buying an additional 292,154 shares during the last quarter.

Pgim Aaa Clo Etf Price Performance

NYSEARCA PAAA opened at $51.47 on Friday. Pgim Aaa Clo Etf has a 1-year low of $50.44 and a 1-year high of $52.06. The stock has a 50-day moving average of $51.39 and a 200-day moving average of $51.38.

Pgim Aaa Clo Etf Announces Dividend

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

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.