Pgim Aaa Clo Etf $PAAA Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 40.5% in the first quarter, HoldingsChannel.com reports. The firm owned 353,663 shares of the company’s stock after acquiring an additional 101,909 shares during the quarter. Kestra Advisory Services LLC’s holdings in Pgim Aaa Clo Etf were worth $18,100,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC boosted its holdings in Pgim Aaa Clo Etf by 71.4% during the first quarter. NewEdge Advisors LLC now owns 6,224 shares of the company’s stock worth $319,000 after buying an additional 2,593 shares in the last quarter. Creative Planning purchased a new position in Pgim Aaa Clo Etf in the second quarter valued at about $218,000. Baird Financial Group Inc. purchased a new position in Pgim Aaa Clo Etf in the second quarter valued at about $967,000. Raymond James Financial Inc. lifted its position in shares of Pgim Aaa Clo Etf by 30.9% during 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 during the period. Finally, Bank of America Corp DE lifted its position in shares of Pgim Aaa Clo Etf by 21.8% during 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 during the period.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA:PAAA traded up $0.03 during trading on Friday, hitting $51.36. 847,085 shares of the stock were exchanged, compared to its average volume of 2,051,154. The company has a fifty day moving average price of $51.39 and a two-hundred day moving average price of $51.36. Pgim Aaa Clo Etf has a 12-month low of $51.16 and a 12-month high of $51.54.

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.