RDA Financial Network Purchases New Shares in Pgim Aaa Clo Etf $PAAA

RDA Financial Network acquired a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 48,851 shares of the company’s stock, valued at approximately $2,506,000.

Several other hedge funds have also modified their holdings of the company. Sei Investments Co. purchased a new position in Pgim Aaa Clo Etf in the first quarter worth about $311,627,000. Royal Bank of Canada boosted its holdings 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 during the period. Bank of America Corp DE boosted its holdings in shares of Pgim Aaa Clo Etf by 19.6% in the 1st quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock worth $422,153,000 after purchasing an additional 1,352,768 shares during the period. Independent Financial Group LLC purchased a new position in Pgim Aaa Clo Etf during the first quarter worth $48,970,000. Finally, Insight Wealth Strategies LLC boosted its stake in Pgim Aaa Clo Etf by 3,395.2% during the second quarter. Insight Wealth Strategies LLC now owns 655,982 shares of the company’s stock worth $33,645,000 after buying an additional 637,214 shares during the period.

Pgim Aaa Clo Etf Price Performance

Shares of Pgim Aaa Clo Etf stock traded up $0.01 during trading on Thursday, hitting $51.40. The stock had a trading volume of 997,258 shares, compared to its average volume of 2,210,502. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54. The firm’s fifty day simple moving average is $51.41 and its 200-day simple moving average is $51.38.

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.