Pgim Aaa Clo Etf $PAAA is Pine Harbor Wealth Management LLC’s 2nd Largest Position

Pine Harbor Wealth Management LLC lifted its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 8.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 740,429 shares of the company’s stock after purchasing an additional 59,790 shares during the quarter. Pgim Aaa Clo Etf accounts for approximately 11.3% of Pine Harbor Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Pine Harbor Wealth Management LLC’s holdings in Pgim Aaa Clo Etf were worth $37,895,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Koshinski Asset Management Inc. boosted its stake in Pgim Aaa Clo Etf by 0.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 29,739 shares of the company’s stock valued at $1,522,000 after purchasing an additional 210 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Pgim Aaa Clo Etf by 3.9% in the fourth quarter. Blue Trust Inc. now owns 6,147 shares of the company’s stock worth $315,000 after purchasing an additional 229 shares during the last quarter. Asset Allocation Strategies LLC raised its stake in shares of Pgim Aaa Clo Etf by 0.9% in the second quarter. Asset Allocation Strategies LLC now owns 26,897 shares of the company’s stock worth $1,384,000 after purchasing an additional 234 shares during the last quarter. J.Safra Asset Management Corp lifted its holdings in shares of Pgim Aaa Clo Etf by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 2,665 shares of the company’s stock valued at $137,000 after purchasing an additional 242 shares in the last quarter. Finally, Comerica Bank lifted its holdings in shares of Pgim Aaa Clo Etf by 4.6% during the fourth quarter. Comerica Bank now owns 6,347 shares of the company’s stock valued at $325,000 after purchasing an additional 282 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

Pgim Aaa Clo Etf stock opened at $51.32 on Friday. Pgim Aaa Clo Etf has a one year low of $51.16 and a one year high of $51.54. The business’s fifty day moving average is $51.39 and its 200 day moving average is $51.36.

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.