Pgim Aaa Clo Etf $PAAA Shares Newly Acquired by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC acquired a new stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 3rd quarter, Holdings Channel reports. The fund acquired 50,580 shares of the company’s stock, valued at approximately $2,594,000. Pgim Aaa Clo Etf makes up 1.4% of Collaborative Fund Advisors LLC’s holdings, making the stock its 12th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Sei Investments Co. purchased a new position in Pgim Aaa Clo Etf during the first quarter worth about $311,627,000. Royal Bank of Canada grew its holdings 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 buying an additional 3,563,618 shares during the period. Bank of America Corp DE grew its holdings in Pgim Aaa Clo Etf by 19.6% in the 1st quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock valued at $422,153,000 after buying an additional 1,352,768 shares during the period. Independent Financial Group LLC purchased a new stake in Pgim Aaa Clo Etf in the 1st quarter valued at about $48,970,000. Finally, Insight Wealth Strategies LLC increased its stake in shares of Pgim Aaa Clo Etf by 3,395.2% during the 2nd quarter. Insight Wealth Strategies LLC now owns 655,982 shares of the company’s stock valued at $33,645,000 after acquiring an additional 637,214 shares during the last quarter.

Pgim Aaa Clo Etf Price Performance

NYSEARCA PAAA opened at $51.33 on Thursday. The company has a 50-day moving average of $51.41 and a 200-day moving average of $51.38. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54.

Pgim Aaa Clo Etf 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.