TOP Private Wealth LLC. Acquires New Stake in Pgim Aaa Clo Etf $PAAA

TOP Private Wealth LLC. acquired a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 80,693 shares of the company’s stock, valued at approximately $4,137,000. Pgim Aaa Clo Etf accounts for 4.0% of TOP Private Wealth LLC.’s investment portfolio, making the stock its 8th largest position.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its position 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 worth $422,153,000 after acquiring an additional 1,352,768 shares during the period. Sei Investments Co. bought a new stake in shares of Pgim Aaa Clo Etf during the 1st quarter valued at $311,627,000. Morgan Stanley grew its position in shares of Pgim Aaa Clo Etf by 16.4% during the 4th quarter. Morgan Stanley now owns 4,360,865 shares of the company’s stock valued at $223,538,000 after acquiring an additional 613,714 shares during the period. LPL Financial LLC increased its stake in shares of Pgim Aaa Clo Etf by 39.9% in the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock worth $206,840,000 after purchasing an additional 1,151,352 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Pgim Aaa Clo Etf by 1,170.7% in the 1st quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock worth $197,966,000 after purchasing an additional 3,563,618 shares in the last quarter.

Pgim Aaa Clo Etf Stock Up 0.0%

NYSEARCA PAAA opened at $51.37 on Friday. The stock’s 50-day moving average price is $51.39 and its 200-day moving average price is $51.37. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week 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.