Norden Group LLC Acquires 78,267 Shares of Pgim Aaa Clo Etf $PAAA

Norden Group LLC increased its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 6.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,244,112 shares of the company’s stock after acquiring an additional 78,267 shares during the period. Pgim Aaa Clo Etf accounts for approximately 6.2% of Norden Group LLC’s portfolio, making the stock its biggest position. Norden Group LLC’s holdings in Pgim Aaa Clo Etf were worth $63,773,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC bought a new position in Pgim Aaa Clo Etf in the third quarter valued at $26,000. Nemes Rush Group LLC bought a new stake in Pgim Aaa Clo Etf during the 3rd quarter worth about $26,000. AE Wealth Management LLC acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $42,000. Team Financial Group LLC acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $74,000. Finally, J.Safra Asset Management Corp grew its holdings in shares of Pgim Aaa Clo Etf by 114.6% in the 3rd quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock valued at $125,000 after acquiring an additional 1,294 shares in the last quarter.

Pgim Aaa Clo Etf Stock Up 0.0%

NYSEARCA:PAAA opened at $51.38 on Friday. The stock’s 50-day simple moving average is $51.38 and its 200 day simple moving average is $51.36. Pgim Aaa Clo Etf has a 52-week low of $50.44 and a 52-week high of $52.06.

Pgim Aaa Clo Etf Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1907 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, March 2nd.

About Pgim Aaa Clo Etf

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.