Pgim Aaa Clo Etf $PAAA Shares Newly Bought by Lido Advisors LLC

Lido Advisors LLC acquired a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 38,408 shares of the company’s stock, valued at approximately $1,970,000.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in Pgim Aaa Clo Etf by 19.6% during the 1st 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. Sei Investments Co. bought a new position in Pgim Aaa Clo Etf in the 1st quarter worth about $311,627,000. Royal Bank of Canada increased its stake in shares of 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. Envestnet Asset Management Inc. increased its stake in shares of Pgim Aaa Clo Etf by 18.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,682,303 shares of the company’s stock valued at $86,252,000 after purchasing an additional 267,180 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Pgim Aaa Clo Etf by 29.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,203,448 shares of the company’s stock valued at $61,592,000 after purchasing an additional 271,557 shares during the period.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA traded up $0.03 during mid-day trading on Friday, reaching $51.41. 1,934,614 shares of the company’s stock traded hands, compared to its average volume of 2,329,304. The business’s 50-day moving average price is $51.40 and its 200-day moving average price is $51.38. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54.

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.