Sei Investments Co. Invests $311.63 Million in Pgim Aaa Clo Etf $PAAA

Sei Investments Co. acquired a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,088,840 shares of the company’s stock, valued at approximately $311,627,000. Sei Investments Co. owned 3.49% of Pgim Aaa Clo Etf as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in PAAA. Koshinski Asset Management Inc. lifted its stake in Pgim Aaa Clo Etf by 0.7% during the first quarter. Koshinski Asset Management Inc. now owns 29,739 shares of the company’s stock worth $1,522,000 after purchasing an additional 210 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Pgim Aaa Clo Etf by 3.9% during the fourth quarter. Blue Trust Inc. now owns 6,147 shares of the company’s stock worth $315,000 after buying an additional 229 shares during the period. Asset Allocation Strategies LLC grew its stake in shares of Pgim Aaa Clo Etf by 0.9% in the second quarter. Asset Allocation Strategies LLC now owns 26,897 shares of the company’s stock valued at $1,384,000 after buying an additional 234 shares in the last quarter. J.Safra Asset Management Corp grew its stake in shares of Pgim Aaa Clo Etf by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 2,665 shares of the company’s stock valued at $137,000 after buying an additional 242 shares in the last quarter. Finally, Comerica Bank raised its holdings in shares of Pgim Aaa Clo Etf by 4.6% in the 4th quarter. Comerica Bank now owns 6,347 shares of the company’s stock valued at $325,000 after buying an additional 282 shares during the period.

Pgim Aaa Clo Etf Price Performance

PAAA opened at $51.42 on Thursday. The stock’s 50-day moving average price is $51.39 and its 200 day moving average price is $51.37. 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.