Norden Group LLC Has $63.77 Million Stake in Pgim Aaa Clo Etf $PAAA

Norden Group LLC lifted its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 6.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,244,112 shares of the company’s stock after purchasing an additional 78,267 shares during the quarter. Pgim Aaa Clo Etf accounts for 6.2% of Norden Group LLC’s portfolio, making the stock its largest position. Norden Group LLC owned approximately 1.02% of Pgim Aaa Clo Etf worth $63,773,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Asset Allocation Strategies LLC raised its stake in Pgim Aaa Clo Etf by 0.9% during the 2nd quarter. Asset Allocation Strategies LLC now owns 26,897 shares of the company’s stock worth $1,384,000 after buying an additional 234 shares during the period. Cornerstone Advisors Asset Management LLC grew its stake in Pgim Aaa Clo Etf by 1.3% in the third quarter. Cornerstone Advisors Asset Management LLC now owns 19,157 shares of the company’s stock valued at $987,000 after acquiring an additional 251 shares during the period. Secure Asset Management LLC grew its stake in Pgim Aaa Clo Etf by 5.2% in the third quarter. Secure Asset Management LLC now owns 5,676 shares of the company’s stock valued at $291,000 after acquiring an additional 283 shares during the period. Orion Porfolio Solutions LLC increased its holdings in shares of Pgim Aaa Clo Etf by 1.6% in the third quarter. Orion Porfolio Solutions LLC now owns 27,228 shares of the company’s stock worth $1,402,000 after acquiring an additional 424 shares in the last quarter. Finally, Nemes Rush Group LLC bought a new stake in shares of Pgim Aaa Clo Etf in the third quarter worth about $26,000.

Pgim Aaa Clo Etf Stock Up 0.0%

NYSEARCA PAAA opened at $51.38 on Friday. Pgim Aaa Clo Etf has a one year low of $50.44 and a one year high of $52.06. The stock’s 50-day moving average is $51.38 and its 200-day moving average is $51.36.

Pgim Aaa Clo Etf Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1907 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, March 2nd.

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.