Bank of America Corp DE Raises Holdings in Pgim Aaa Clo Etf $PAAA

Bank of America Corp DE lifted its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 19.6% during the first quarter, Holdings Channel reports. The firm owned 8,248,399 shares of the company’s stock after acquiring an additional 1,352,768 shares during the quarter. Bank of America Corp DE’s holdings in Pgim Aaa Clo Etf were worth $422,153,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in PAAA. Sei Investments Co. acquired a new position in Pgim Aaa Clo Etf during the first quarter worth approximately $311,627,000. Morgan Stanley increased its holdings in shares of Pgim Aaa Clo Etf by 16.4% in the 4th quarter. Morgan Stanley now owns 4,360,865 shares of the company’s stock valued at $223,538,000 after acquiring an additional 613,714 shares during the period. LPL Financial LLC increased its holdings in shares of Pgim Aaa Clo Etf by 39.9% in the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock valued at $206,840,000 after acquiring an additional 1,151,352 shares during the period. Royal Bank of Canada raised its position in Pgim Aaa Clo Etf by 1,170.7% in the 1st quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock valued at $197,966,000 after purchasing an additional 3,563,618 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Pgim Aaa Clo Etf by 45.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,320,760 shares of the company’s stock valued at $118,962,000 after purchasing an additional 724,783 shares during the last quarter.

Pgim Aaa Clo Etf Trading Down 0.4%

Shares of NYSEARCA:PAAA opened at $51.29 on Friday. The firm has a fifty day moving average price of $51.39 and a 200 day moving average price of $51.37. Pgim Aaa Clo Etf has a 1-year low of $51.16 and a 1-year high of $51.54.

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.