Beaumont Financial Advisors LLC Sells 9,631 Shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)

Beaumont Financial Advisors LLC cut its holdings in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 43.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,437 shares of the company’s stock after selling 9,631 shares during the period. Beaumont Financial Advisors LLC owned approximately 1.18% of PGIM Active Aggregate Bond ETF worth $528,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. bought a new stake in PGIM Active Aggregate Bond ETF during the 1st quarter worth approximately $90,000. Citadel Advisors LLC bought a new stake in PGIM Active Aggregate Bond ETF during the 2nd quarter worth approximately $560,000. Jane Street Group LLC bought a new stake in PGIM Active Aggregate Bond ETF during the 1st quarter worth approximately $905,000. Finally, Prudential Financial Inc. increased its holdings in PGIM Active Aggregate Bond ETF by 96.9% during the 1st quarter. Prudential Financial Inc. now owns 965,000 shares of the company’s stock worth $44,343,000 after purchasing an additional 475,000 shares in the last quarter.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of NYSEARCA PAB opened at $40.88 on Friday. PGIM Active Aggregate Bond ETF has a twelve month low of $39.12 and a twelve month high of $42.77. The stock’s 50 day moving average price is $41.62 and its 200-day moving average price is $41.30.

PGIM Active Aggregate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1512 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from PGIM Active Aggregate Bond ETF’s previous dividend of $0.13.

About PGIM Active Aggregate Bond ETF

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year.