Pgim Aaa Clo Etf $PAAA Position Lowered by Tanglewood Legacy Advisors LLC

Tanglewood Legacy Advisors LLC lowered its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 28.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 146,248 shares of the company’s stock after selling 57,506 shares during the quarter. Pgim Aaa Clo Etf comprises approximately 2.9% of Tanglewood Legacy Advisors LLC’s holdings, making the stock its 5th largest holding. Tanglewood Legacy Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $7,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its stake in Pgim Aaa Clo Etf by 105.6% during the third quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock worth $29,292,000 after buying an additional 292,154 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Pgim Aaa Clo Etf by 3,808.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 55,816 shares of the company’s stock valued at $2,875,000 after acquiring an additional 54,388 shares in the last quarter. Able Wealth Management LLC lifted its holdings in shares of Pgim Aaa Clo Etf by 658.5% during the 3rd quarter. Able Wealth Management LLC now owns 62,439 shares of the company’s stock valued at $3,216,000 after acquiring an additional 54,207 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Pgim Aaa Clo Etf by 13.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 613,351 shares of the company’s stock worth $31,588,000 after purchasing an additional 74,864 shares during the period. Finally, Avantax Advisory Services Inc. boosted its position in Pgim Aaa Clo Etf by 5.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 217,716 shares of the company’s stock worth $11,201,000 after purchasing an additional 11,731 shares during the period.

Pgim Aaa Clo Etf Price Performance

NYSEARCA:PAAA opened at $51.42 on Friday. The business’s 50-day moving average is $51.36 and its two-hundred day moving average is $51.37. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06.

Pgim Aaa Clo Etf Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.1933 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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.