Pgim Aaa Clo Etf $PAAA Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 107.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 50,750 shares of the company’s stock after buying an additional 26,250 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $2,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in PAAA. Bank of America Corp DE lifted its position in Pgim Aaa Clo Etf by 21.8% during the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock worth $268,538,000 after acquiring an additional 934,216 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Pgim Aaa Clo Etf by 632.3% in the second quarter. PNC Financial Services Group Inc. now owns 689,582 shares of the company’s stock valued at $35,479,000 after purchasing an additional 595,416 shares during the period. Jones Financial Companies Lllp raised its stake 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 worth $101,358,000 after purchasing an additional 545,037 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Pgim Aaa Clo Etf by 2.3% during the second quarter. Prudential Financial Inc. now owns 20,667,923 shares of the company’s stock worth $1,063,365,000 after purchasing an additional 472,028 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of 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 purchasing an additional 292,154 shares during the period.

Pgim Aaa Clo Etf Trading Up 0.0%

Shares of NYSEARCA PAAA opened at $51.39 on Friday. Pgim Aaa Clo Etf has a 52 week low of $50.44 and a 52 week high of $52.06. The business’s 50 day moving average price is $51.34 and its 200 day moving average price is $51.37.

Pgim Aaa Clo Etf Announces Dividend

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