NewEdge Advisors LLC Boosts Holdings in Pgim Aaa Clo Etf $PAAA

NewEdge Advisors LLC grew its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 2,056.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,870 shares of the company’s stock after purchasing an additional 44,697 shares during the quarter. NewEdge Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $2,399,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Richards Merrill & Peterson Inc. acquired a new position in shares of Pgim Aaa Clo Etf during the 1st quarter worth about $26,000. International Assets Investment Management LLC acquired a new stake in Pgim Aaa Clo Etf in the 1st quarter worth about $26,000. Garton & Associates Financial Advisors LLC acquired a new stake in Pgim Aaa Clo Etf in the 4th quarter worth about $37,000. Anchor Investment Management LLC purchased a new stake in Pgim Aaa Clo Etf during the 1st quarter worth approximately $51,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in Pgim Aaa Clo Etf during the 1st quarter worth approximately $105,000.

Pgim Aaa Clo Etf Price Performance

Shares of Pgim Aaa Clo Etf stock opened at $51.41 on Friday. The business has a 50 day simple moving average of $51.38 and a two-hundred day simple moving average of $51.37. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54.

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.