PNC Financial Services Group Inc. Raises Stake in Pgim Aaa Clo Etf $PAAA

PNC Financial Services Group Inc. increased its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 12.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 931,891 shares of the company’s stock after purchasing an additional 106,126 shares during the quarter. PNC Financial Services Group Inc. owned 0.69% of Pgim Aaa Clo Etf worth $47,769,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its position in shares of Pgim Aaa Clo Etf by 105.6% in the third quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock worth $29,292,000 after acquiring an additional 292,154 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Pgim Aaa Clo Etf by 32.7% during the 3rd 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. Breakwater Capital Group lifted its holdings in shares of Pgim Aaa Clo Etf by 124.2% during the 3rd quarter. Breakwater Capital Group now owns 30,353 shares of the company’s stock valued at $1,563,000 after acquiring an additional 16,816 shares in the last quarter. AdvisorNet Financial Inc boosted its position in Pgim Aaa Clo Etf by 54.3% during the 4th quarter. AdvisorNet Financial Inc now owns 258,014 shares of the company’s stock worth $13,226,000 after purchasing an additional 90,751 shares during the period. Finally, Everest Management Corp. boosted its position in Pgim Aaa Clo Etf by 86.5% during the 3rd quarter. Everest Management Corp. now owns 21,672 shares of the company’s stock worth $1,116,000 after purchasing an additional 10,050 shares during the period.

Pgim Aaa Clo Etf Trading Up 0.0%

Shares of NYSEARCA PAAA opened at $51.45 on Friday. The stock has a fifty day moving average price of $51.33 and a 200 day moving average price of $51.35. Pgim Aaa Clo Etf has a 12-month low of $51.16 and a 12-month 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.