Indie Asset Partners LLC lifted its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report) by 75.5% in the 4th quarter, Holdings Channel reports. The fund owned 96,241 shares of the company’s stock after buying an additional 41,388 shares during the period. Pgim Aaa Clo Etf comprises 5.5% of Indie Asset Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Indie Asset Partners LLC’s holdings in Pgim Aaa Clo Etf were worth $4,933,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of PAAA. NewEdge Advisors LLC grew its position in shares of Pgim Aaa Clo Etf by 71.4% during the first quarter. NewEdge Advisors LLC now owns 6,224 shares of the company’s stock worth $319,000 after acquiring an additional 2,593 shares during the last quarter. Creative Planning bought a new position in shares of Pgim Aaa Clo Etf during the second quarter worth about $218,000. Baird Financial Group Inc. bought a new position in shares of Pgim Aaa Clo Etf during the second quarter worth about $967,000. Raymond James Financial Inc. grew its position in shares of Pgim Aaa Clo Etf by 30.9% during the second quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock worth $43,419,000 after acquiring an additional 199,218 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Pgim Aaa Clo Etf by 21.8% during the second quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock worth $268,538,000 after acquiring an additional 934,216 shares during the last quarter.
Pgim Aaa Clo Etf Stock Performance
Pgim Aaa Clo Etf stock opened at $51.38 on Friday. The company has a 50-day simple moving average of $51.31 and a 200-day simple moving average of $51.35. Pgim Aaa Clo Etf has a one year low of $51.15 and a one year 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.
Further Reading
Want to see what other hedge funds are holding PAAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report).
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