Essex Financial Services Inc. Has $4.62 Million Stock Holdings in Pgim Aaa Clo Etf $PAAA

Essex Financial Services Inc. grew its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 14.0% in the third quarter, Holdings Channel reports. The institutional investor owned 89,763 shares of the company’s stock after acquiring an additional 11,027 shares during the period. Essex Financial Services Inc.’s holdings in Pgim Aaa Clo Etf were worth $4,623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Crestwood Advisors Group LLC bought a new stake in Pgim Aaa Clo Etf in the 3rd quarter worth about $317,000. Balentine LLC purchased a new position in shares of Pgim Aaa Clo Etf in the 3rd quarter worth approximately $1,007,000. JPMorgan Chase & Co. grew its holdings in shares of Pgim Aaa Clo Etf by 32.7% in the third quarter. JPMorgan Chase & Co. now owns 973,087 shares of the company’s stock valued at $50,114,000 after acquiring an additional 239,829 shares in the last quarter. Calton & Associates Inc. grew its holdings in shares of Pgim Aaa Clo Etf by 12.0% in the third quarter. Calton & Associates Inc. now owns 9,334 shares of the company’s stock valued at $481,000 after acquiring an additional 1,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Pgim Aaa Clo Etf by 19.7% during the third quarter. PNC Financial Services Group Inc. now owns 825,765 shares of the company’s stock valued at $42,527,000 after acquiring an additional 136,183 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of Pgim Aaa Clo Etf stock opened at $51.42 on Wednesday. The business’s fifty day simple moving average is $51.36 and its 200 day simple moving average is $51.37. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06.

Pgim Aaa Clo Etf Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1933 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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.