Pgim Aaa Clo Etf $PAAA Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 123.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,551 shares of the company’s stock after acquiring an additional 57,681 shares during the quarter. NewEdge Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $5,360,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PAAA. Sei Investments Co. purchased a new position in shares of Pgim Aaa Clo Etf during the 1st quarter worth approximately $311,627,000. Royal Bank of Canada raised its position in 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 purchasing an additional 3,563,618 shares during the period. 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 valued at $422,153,000 after purchasing an additional 1,352,768 shares during the period. LPL Financial LLC lifted its stake in Pgim Aaa Clo Etf by 39.9% during the fourth 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, Independent Financial Group LLC acquired a new position in Pgim Aaa Clo Etf during the first quarter worth $48,970,000.

Pgim Aaa Clo Etf Stock Performance

PAAA opened at $51.44 on Tuesday. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54. The business has a fifty day simple moving average of $51.39 and a 200-day simple moving average of $51.37.

Pgim Aaa Clo Etf Company 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.