Evergreen Wealth Partners LLC Invests $3.37 Million in Pgim Aaa Clo Etf $PAAA

Evergreen Wealth Partners LLC purchased a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 65,645 shares of the company’s stock, valued at approximately $3,365,000. Pgim Aaa Clo Etf comprises 2.8% of Evergreen Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds have also modified their holdings of PAAA. Envestnet Asset Management Inc. raised its holdings in Pgim Aaa Clo Etf by 105.6% during the third quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock valued at $29,292,000 after buying an additional 292,154 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Pgim Aaa Clo Etf by 32.7% during the third quarter. JPMorgan Chase & Co. now owns 973,087 shares of the company’s stock valued at $50,114,000 after buying an additional 239,829 shares in the last quarter. Breakwater Capital Group raised its holdings in Pgim Aaa Clo Etf by 124.2% during the third quarter. Breakwater Capital Group now owns 30,353 shares of the company’s stock valued at $1,563,000 after buying an additional 16,816 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Pgim Aaa Clo Etf by 54.3% during the fourth quarter. AdvisorNet Financial Inc now owns 258,014 shares of the company’s stock valued at $13,226,000 after buying an additional 90,751 shares in the last quarter. Finally, Everest Management Corp. raised its holdings in Pgim Aaa Clo Etf by 86.5% during the third quarter. Everest Management Corp. now owns 21,672 shares of the company’s stock valued at $1,116,000 after buying an additional 10,050 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

NYSEARCA PAAA opened at $51.42 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 stock’s 50-day moving average is $51.32 and its two-hundred day moving average is $51.35.

About Pgim Aaa Clo Etf

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.