Royal Bank of Canada Has $197.97 Million Stock Position in Pgim Aaa Clo Etf $PAAA

Royal Bank of Canada raised its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 1,170.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 3,868,028 shares of the company’s stock after acquiring an additional 3,563,618 shares during the period. Royal Bank of Canada owned approximately 2.22% of Pgim Aaa Clo Etf worth $197,966,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC boosted its position in shares of Pgim Aaa Clo Etf by 71.4% during the first quarter. NewEdge Advisors LLC now owns 6,224 shares of the company’s stock valued at $319,000 after buying an additional 2,593 shares during the last quarter. Creative Planning purchased a new stake in Pgim Aaa Clo Etf in the 2nd quarter valued at $218,000. Baird Financial Group Inc. purchased a new stake in Pgim Aaa Clo Etf in the 2nd quarter valued at $967,000. Raymond James Financial Inc. raised its position 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 buying an additional 199,218 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in 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 in the last quarter.

Pgim Aaa Clo Etf Trading Down 0.0%

NYSEARCA:PAAA opened at $51.45 on Thursday. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54. The firm has a 50-day moving average price of $51.39 and a two-hundred day moving average price of $51.37.

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.