K2 Financial Inc. Makes New Investment in Pgim Aaa Clo Etf $PAAA

K2 Financial Inc. acquired a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAAFree Report) during the 1st quarter, Holdings Channel.com reports. The fund acquired 59,765 shares of the company’s stock, valued at approximately $3,071,000. Pgim Aaa Clo Etf accounts for approximately 2.1% of K2 Financial Inc.’s investment portfolio, making the stock its 16th biggest position.

Other institutional investors also recently modified their holdings of the company. Nemes Rush Group LLC bought a new stake in shares of Pgim Aaa Clo Etf during the third quarter valued at approximately $26,000. Richards Merrill & Peterson Inc. bought a new position in Pgim Aaa Clo Etf in the first quarter worth $26,000. Garton & Associates Financial Advisors LLC bought a new position in Pgim Aaa Clo Etf in the fourth quarter worth $37,000. NewEdge Advisors LLC boosted its stake in Pgim Aaa Clo Etf by 874.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,173 shares of the company’s stock worth $111,000 after buying an additional 1,950 shares in the last quarter. Finally, Team Financial Group LLC boosted its stake in Pgim Aaa Clo Etf by 75.2% during the fourth quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock worth $129,000 after buying an additional 1,080 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

Pgim Aaa Clo Etf stock remained flat at $51.33 on Tuesday. 476,671 shares of the company’s stock traded hands, compared to its average volume of 2,059,807. The firm has a 50 day simple moving average of $51.39 and a two-hundred day simple moving average of $51.36. 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

(Free Report)

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.

See Also

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:PAAAFree Report).

Institutional Ownership by Quarter for Pgim Aaa Clo Etf (NYSEARCA:PAAA)

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