Beaumont Financial Advisors LLC Sells 9,631 Shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)

Beaumont Financial Advisors LLC decreased its holdings in shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 43.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,437 shares of the company’s stock after selling 9,631 shares during the period. Beaumont Financial Advisors LLC’s holdings in PGIM Active Aggregate Bond ETF were worth $528,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. bought a new position in shares of PGIM Active Aggregate Bond ETF during the first quarter valued at approximately $90,000. Citadel Advisors LLC bought a new position in shares of PGIM Active Aggregate Bond ETF during the second quarter valued at approximately $560,000. Jane Street Group LLC bought a new position in shares of PGIM Active Aggregate Bond ETF during the first quarter valued at approximately $905,000. Finally, Prudential Financial Inc. raised its holdings in PGIM Active Aggregate Bond ETF by 96.9% in the 1st quarter. Prudential Financial Inc. now owns 965,000 shares of the company’s stock worth $44,343,000 after acquiring an additional 475,000 shares during the last quarter.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of NYSEARCA PAB opened at $40.88 on Friday. The company has a 50 day moving average of $41.62 and a 200 day moving average of $41.30. PGIM Active Aggregate Bond ETF has a twelve month low of $39.12 and a twelve month high of $42.77.

PGIM Active Aggregate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1512 per share. This is an increase from PGIM Active Aggregate Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, April 1st.

About PGIM Active Aggregate Bond ETF

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year.