PNC Financial Services Group Inc. grew its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report) by 29.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,203,448 shares of the company’s stock after acquiring an additional 271,557 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Pgim Aaa Clo Etf were worth $61,592,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in PAAA. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Pgim Aaa Clo Etf during the 1st quarter worth about $105,000. Cornerstone Advisors Asset Management LLC boosted its holdings in Pgim Aaa Clo Etf by 11.0% in the first quarter. Cornerstone Advisors Asset Management LLC now owns 21,235 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,097 shares in the last quarter. Main Street Group LTD increased its stake in Pgim Aaa Clo Etf by 186.8% in the first quarter. Main Street Group LTD now owns 457,211 shares of the company’s stock valued at $23,400,000 after purchasing an additional 297,820 shares during the last quarter. Independent Financial Group LLC purchased a new position in Pgim Aaa Clo Etf in the first quarter valued at approximately $48,970,000. Finally, Bank of New York Mellon Corp increased its stake in Pgim Aaa Clo Etf by 16.0% in the first quarter. Bank of New York Mellon Corp now owns 72,079 shares of the company’s stock valued at $3,689,000 after purchasing an additional 9,944 shares during the last quarter.
Pgim Aaa Clo Etf Price Performance
PAAA stock opened at $51.43 on Friday. Pgim Aaa Clo Etf has a twelve month low of $51.16 and a twelve month high of $51.54. The company’s 50 day moving average is $51.39 and its two-hundred day moving average is $51.37.
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.
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