Collaborative Fund Advisors LLC bought a new stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 50,580 shares of the company’s stock, valued at approximately $2,594,000. Pgim Aaa Clo Etf accounts for about 1.4% of Collaborative Fund Advisors LLC’s portfolio, making the stock its 12th largest position.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in PAAA. International Assets Investment Management LLC acquired a new stake in Pgim Aaa Clo Etf in the 1st quarter worth about $26,000. Anchor Investment Management LLC purchased a new stake in Pgim Aaa Clo Etf in the first quarter valued at approximately $51,000. Contravisory Investment Management Inc. purchased a new stake in Pgim Aaa Clo Etf during the 2nd quarter worth approximately $69,000. Richards Merrill & Peterson Inc. acquired a new stake in Pgim Aaa Clo Etf in the third quarter valued at approximately $77,000. Finally, Pinnacle Bancorp Inc. raised its stake in Pgim Aaa Clo Etf by 646.7% in the third quarter. Pinnacle Bancorp Inc. now owns 1,583 shares of the company’s stock valued at $81,000 after buying an additional 1,371 shares in the last quarter.
Pgim Aaa Clo Etf Stock Performance
Shares of NYSEARCA:PAAA opened at $51.33 on Thursday. The company’s fifty day moving average price is $51.41 and its 200 day moving average price is $51.38. 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.
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