UBS Group AG Buys 624,288 Shares of Pgim Aaa Clo Etf $PAAA

UBS Group AG grew its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 87.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,337,353 shares of the company’s stock after acquiring an additional 624,288 shares during the period. UBS Group AG’s holdings in Pgim Aaa Clo Etf were worth $68,553,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in PAAA. CWM LLC bought a new position in Pgim Aaa Clo Etf in the 3rd quarter worth about $26,000. Nemes Rush Group LLC bought a new position in Pgim Aaa Clo Etf in the 3rd quarter worth about $26,000. AE Wealth Management LLC bought a new position in Pgim Aaa Clo Etf in the 3rd quarter worth about $42,000. J.Safra Asset Management Corp grew its stake in Pgim Aaa Clo Etf by 114.6% in the 3rd quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock worth $125,000 after acquiring an additional 1,294 shares in the last quarter. Finally, Team Financial Group LLC grew its stake in Pgim Aaa Clo Etf by 75.2% in the 4th quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock worth $129,000 after acquiring an additional 1,080 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA stock opened at $51.31 on Tuesday. The company’s 50-day simple moving average is $51.32 and its two-hundred day simple moving average is $51.35. Pgim Aaa Clo Etf has a one year low of $51.10 and a one year 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.