Evergreen Wealth Partners LLC Takes $3.37 Million Position in Pgim Aaa Clo Etf $PAAA

Evergreen Wealth Partners LLC bought a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 65,645 shares of the company’s stock, valued at approximately $3,365,000. Pgim Aaa Clo Etf makes up approximately 2.8% of Evergreen Wealth Partners LLC’s investment portfolio, making the stock its 7th largest position.

A number of other hedge funds also recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of Pgim Aaa Clo Etf by 8.7% in the third quarter. Bank of America Corp DE now owns 5,674,060 shares of the company’s stock valued at $292,214,000 after purchasing an additional 454,661 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Pgim Aaa Clo Etf by 38.3% in the third quarter. Jones Financial Companies Lllp now owns 1,968,503 shares of the company’s stock valued at $101,358,000 after purchasing an additional 545,037 shares in the last quarter. UBS Group AG lifted its holdings in shares of Pgim Aaa Clo Etf by 87.5% in the fourth quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock valued at $68,553,000 after purchasing an additional 624,288 shares in the last quarter. Norden Group LLC lifted its holdings in shares of Pgim Aaa Clo Etf by 6.7% in the fourth quarter. Norden Group LLC now owns 1,244,112 shares of the company’s stock valued at $63,773,000 after purchasing an additional 78,267 shares in the last quarter. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Pgim Aaa Clo Etf in the third quarter valued at $56,978,000.

Pgim Aaa Clo Etf Stock Performance

PAAA opened at $51.42 on Friday. The stock has a fifty day moving average of $51.32 and a 200-day moving average of $51.35. Pgim Aaa Clo Etf has a 12-month low of $51.16 and a 12-month high of $51.54.

Pgim Aaa Clo Etf Company 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.