Employees Retirement System of Texas Acquires Shares of 500,000 Pgim Aaa Clo Etf $PAAA

Employees Retirement System of Texas acquired a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the 4th quarter, Holdings Channel.com reports. The fund acquired 500,000 shares of the company’s stock, valued at approximately $25,630,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PAAA. NewEdge Advisors LLC raised its holdings in Pgim Aaa Clo Etf by 71.4% in the 1st quarter. NewEdge Advisors LLC now owns 6,224 shares of the company’s stock valued at $319,000 after acquiring an additional 2,593 shares in the last quarter. Creative Planning acquired a new position in Pgim Aaa Clo Etf in the 2nd quarter valued at $218,000. Baird Financial Group Inc. acquired a new position in Pgim Aaa Clo Etf in the 2nd quarter valued at $967,000. Raymond James Financial Inc. raised its holdings in Pgim Aaa Clo Etf by 30.9% in the 2nd quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock valued at $43,419,000 after acquiring an additional 199,218 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Pgim Aaa Clo Etf by 21.8% in the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock valued at $268,538,000 after acquiring an additional 934,216 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA PAAA opened at $51.49 on Wednesday. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The business has a fifty day moving average price of $51.35 and a two-hundred day moving average price of $51.35.

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.