IFP Advisors Inc Raises Stock Position in Pgim Aaa Clo Etf $PAAA

IFP Advisors Inc grew its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 50.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,200 shares of the company’s stock after purchasing an additional 52,729 shares during the quarter. IFP Advisors Inc owned about 0.07% of Pgim Aaa Clo Etf worth $8,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Richards Merrill & Peterson Inc. purchased a new position in shares of Pgim Aaa Clo Etf during the first quarter valued at about $26,000. International Assets Investment Management LLC purchased a new stake in Pgim Aaa Clo Etf in the first quarter worth about $26,000. Garton & Associates Financial Advisors LLC bought a new stake in Pgim Aaa Clo Etf during the 4th quarter valued at approximately $37,000. Anchor Investment Management LLC bought a new stake in Pgim Aaa Clo Etf during the 1st quarter valued at approximately $51,000. Finally, Contravisory Investment Management Inc. purchased a new position in shares of Pgim Aaa Clo Etf during the 2nd quarter worth approximately $69,000.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA:PAAA opened at $51.40 on Thursday. Pgim Aaa Clo Etf has a 52-week low of $51.16 and a 52-week high of $51.54. The stock has a 50 day moving average price of $51.39 and a 200-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.