Main Street Group LTD raised its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report) by 186.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 457,211 shares of the company’s stock after acquiring an additional 297,820 shares during the period. Pgim Aaa Clo Etf accounts for 6.9% of Main Street Group LTD’s portfolio, making the stock its 4th largest position. Main Street Group LTD’s holdings in Pgim Aaa Clo Etf were worth $23,400,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. bought a new position in Pgim Aaa Clo Etf during the first quarter worth $26,000. International Assets Investment Management LLC bought a new position in Pgim Aaa Clo Etf during the first quarter worth about $26,000. Garton & Associates Financial Advisors LLC acquired a new stake in Pgim Aaa Clo Etf in the 4th quarter valued at $37,000. Anchor Investment Management LLC bought a new position in shares of Pgim Aaa Clo Etf during the first quarter valued at $51,000. Finally, NewEdge Advisors LLC boosted its position in Pgim Aaa Clo Etf by 874.4% in the fourth quarter. NewEdge Advisors LLC now owns 2,173 shares of the company’s stock valued at $111,000 after buying an additional 1,950 shares in the last quarter.
Pgim Aaa Clo Etf Stock Performance
NYSEARCA PAAA opened at $51.38 on Friday. The stock’s 50 day simple moving average is $51.39 and its 200 day simple moving average is $51.37. Pgim Aaa Clo Etf has a one year low of $51.16 and a one 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.
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Want to see what other hedge funds are holding PAAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report).
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