WNY Asset Management LLC Makes New $16.53 Million Investment in Pgim Aaa Clo Etf $PAAA

WNY Asset Management LLC purchased a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 322,914 shares of the company’s stock, valued at approximately $16,527,000. Pgim Aaa Clo Etf comprises approximately 1.7% of WNY Asset Management LLC’s holdings, making the stock its 16th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in PAAA. Western Wealth Management LLC raised its position in shares of Pgim Aaa Clo Etf by 139.1% during the first quarter. Western Wealth Management LLC now owns 9,534 shares of the company’s stock worth $488,000 after acquiring an additional 5,547 shares during the last quarter. Bank of America Corp DE boosted its holdings in Pgim Aaa Clo Etf by 19.6% in the first quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock valued at $422,153,000 after acquiring an additional 1,352,768 shares during the last quarter. Cassady Wealth & Retirement Planning LLC bought a new stake in Pgim Aaa Clo Etf in the first quarter valued at approximately $538,000. Royal Bank of Canada boosted its holdings in 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 acquiring an additional 3,563,618 shares during the last quarter. Finally, Sei Investments Co. acquired a new stake in Pgim Aaa Clo Etf during the 1st quarter valued at approximately $311,627,000.

Pgim Aaa Clo Etf Price Performance

NYSEARCA:PAAA opened at $51.29 on Friday. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The company has a 50 day simple moving average of $51.39 and a two-hundred day simple moving average of $51.37.

Pgim Aaa Clo Etf Company 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.