USAdvisors Wealth Management LLC Buys New Stake in Pgim Aaa Clo Etf $PAAA

USAdvisors Wealth Management LLC bought a new stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 72,082 shares of the company’s stock, valued at approximately $3,697,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PAAA. Fiduciary Alliance LLC increased its position in Pgim Aaa Clo Etf by 297.3% during the 1st quarter. Fiduciary Alliance LLC now owns 82,027 shares of the company’s stock valued at $4,210,000 after purchasing an additional 61,382 shares during the period. Pine Harbor Wealth Management LLC raised its holdings in Pgim Aaa Clo Etf by 8.8% in the 1st quarter. Pine Harbor Wealth Management LLC now owns 740,429 shares of the company’s stock worth $37,895,000 after purchasing an additional 59,790 shares in the last quarter. Tanglewood Legacy Advisors LLC raised its holdings in Pgim Aaa Clo Etf by 45.6% in the 1st quarter. Tanglewood Legacy Advisors LLC now owns 223,556 shares of the company’s stock worth $11,442,000 after purchasing an additional 69,969 shares in the last quarter. Symphony Financial Ltd. Co. lifted its position in shares of Pgim Aaa Clo Etf by 249.9% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 29,917 shares of the company’s stock worth $1,534,000 after purchasing an additional 21,367 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of Pgim Aaa Clo Etf by 2,056.9% in the 1st quarter. NewEdge Advisors LLC now owns 46,870 shares of the company’s stock worth $2,399,000 after purchasing an additional 44,697 shares during the period.

Pgim Aaa Clo Etf Stock Up 0.0%

Shares of PAAA opened at $51.43 on Thursday. The firm’s 50-day moving average price is $51.41 and its 200-day moving average price is $51.39. Pgim Aaa Clo Etf has a 1-year low of $51.16 and a 1-year high of $51.54.

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. PAAA was launched on Jul 19, 2023 and is issued by PGIM.