Commonwealth Equity Services LLC Acquires 1,074,038 Shares of Pgim Aaa Clo Etf $PAAA

Commonwealth Equity Services LLC acquired a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 1,074,038 shares of the company’s stock, valued at approximately $55,087,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PAAA. Cornerstone Advisors Asset Management LLC boosted its holdings in Pgim Aaa Clo Etf by 1.1% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 21,478 shares of the company’s stock valued at $1,101,000 after acquiring an additional 243 shares during the last quarter. Stewardship Advisors LLC raised its stake in shares of Pgim Aaa Clo Etf by 4.4% during the third quarter. Stewardship Advisors LLC now owns 11,340 shares of the company’s stock worth $582,000 after buying an additional 474 shares during the last quarter. Riverchase Wealth Management LLC raised its stake in shares of Pgim Aaa Clo Etf by 1.6% during the third quarter. Riverchase Wealth Management LLC now owns 32,275 shares of the company’s stock worth $1,655,000 after buying an additional 502 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Pgim Aaa Clo Etf during the first quarter worth approximately $26,000. Finally, Nwam LLC lifted its holdings in Pgim Aaa Clo Etf by 8.5% in the first quarter. Nwam LLC now owns 12,345 shares of the company’s stock valued at $632,000 after buying an additional 970 shares during the period.

Pgim Aaa Clo Etf Price Performance

Shares of PAAA stock opened at $51.34 on Friday. Pgim Aaa Clo Etf has a 52-week low of $51.16 and a 52-week high of $51.54. The firm’s 50 day moving average price is $51.40 and its two-hundred day moving average price is $51.38.

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.