PNC Financial Services Group Inc. Grows Holdings in Pgim Aaa Clo Etf $PAAA

PNC Financial Services Group Inc. lifted its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 12.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 931,891 shares of the company’s stock after buying an additional 106,126 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Pgim Aaa Clo Etf were worth $47,769,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. CWM LLC acquired a new stake in Pgim Aaa Clo Etf in the third quarter valued at $26,000. Nemes Rush Group LLC acquired a new position in Pgim Aaa Clo Etf during the 3rd quarter worth $26,000. AE Wealth Management LLC acquired a new position in Pgim Aaa Clo Etf during the 3rd quarter worth $42,000. Team Financial Group LLC increased its position in shares of Pgim Aaa Clo Etf by 75.2% in the 4th quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock worth $129,000 after purchasing an additional 1,080 shares during the last quarter. Finally, Register Financial Advisors LLC increased its position in shares of Pgim Aaa Clo Etf by 80.5% in the 3rd quarter. Register Financial Advisors LLC now owns 2,708 shares of the company’s stock worth $139,000 after purchasing an additional 1,208 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of Pgim Aaa Clo Etf stock opened at $51.45 on Friday. Pgim Aaa Clo Etf has a 1 year low of $51.16 and a 1 year high of $51.54. The firm’s 50-day simple moving average is $51.33 and its 200-day simple moving average is $51.35.

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.