WealthPLAN Partners LLC Cuts Stock Holdings in Pgim Aaa Clo Etf $PAAA

WealthPLAN Partners LLC lowered its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 66.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,872 shares of the company’s stock after selling 233,403 shares during the quarter. Pgim Aaa Clo Etf accounts for 1.2% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 17th largest holding. WealthPLAN Partners LLC owned 0.07% of Pgim Aaa Clo Etf worth $6,135,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of PAAA. Bank of America Corp DE boosted its holdings in Pgim Aaa Clo Etf by 8.7% during the 3rd quarter. Bank of America Corp DE now owns 5,674,060 shares of the company’s stock worth $292,214,000 after acquiring an additional 454,661 shares during the last quarter. Morgan Stanley lifted its position in shares of Pgim Aaa Clo Etf by 16.4% during the fourth quarter. Morgan Stanley now owns 4,360,865 shares of the company’s stock valued at $223,538,000 after purchasing an additional 613,714 shares in the last quarter. LPL Financial LLC lifted its position in shares of Pgim Aaa Clo Etf by 39.9% during the fourth quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock valued at $206,840,000 after purchasing an additional 1,151,352 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Pgim Aaa Clo Etf by 45.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,320,760 shares of the company’s stock worth $118,962,000 after purchasing an additional 724,783 shares during the last quarter. Finally, UBS Group AG grew its position in Pgim Aaa Clo Etf by 87.5% in the 4th quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock worth $68,553,000 after purchasing an additional 624,288 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

NYSEARCA:PAAA opened at $51.33 on Wednesday. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54. The firm has a 50-day moving average price of $51.39 and a two-hundred day moving average price of $51.36.

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.