Ameritas Advisory Services LLC Purchases 600,923 Shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA)

Ameritas Advisory Services LLC raised its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 344.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 775,546 shares of the company’s stock after acquiring an additional 600,923 shares during the period. Pgim Aaa Clo Etf makes up 1.4% of Ameritas Advisory Services LLC’s portfolio, making the stock its 14th biggest holding. Ameritas Advisory Services LLC owned approximately 25.43% of Pgim Aaa Clo Etf worth $39,708,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atlas Wealth LLC bought a new position in Pgim Aaa Clo Etf during the third quarter worth $217,000. TrueWealth Advisors LLC bought a new position in shares of Pgim Aaa Clo Etf during the 4th quarter worth about $270,000. Fiduciary Trust Co acquired a new position in shares of Pgim Aaa Clo Etf during the third quarter valued at about $307,000. Private Advisor Group LLC lifted its stake in shares of Pgim Aaa Clo Etf by 9.4% in the third quarter. Private Advisor Group LLC now owns 7,113 shares of the company’s stock valued at $364,000 after buying an additional 613 shares during the period. Finally, Insight Wealth Strategies LLC acquired a new stake in Pgim Aaa Clo Etf during the fourth quarter worth about $440,000.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.39 on Friday. The stock’s 50-day moving average price is $51.29 and its 200 day moving average price is $51.15. Pgim Aaa Clo Etf has a 12-month low of $50.63 and a 12-month high of $51.44.

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.