Indie Asset Partners LLC Takes $2.83 Million Position in Pgim Aaa Clo Etf $PAAA

Indie Asset Partners LLC bought a new stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 54,853 shares of the company’s stock, valued at approximately $2,825,000. Pgim Aaa Clo Etf accounts for 3.8% of Indie Asset Partners LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds also recently modified their holdings of the business. Farther Finance Advisors LLC increased its stake in Pgim Aaa Clo Etf by 3,808.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 55,816 shares of the company’s stock valued at $2,875,000 after buying an additional 54,388 shares during the period. Able Wealth Management LLC grew 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 grew its holdings in shares of 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 valued at $31,588,000 after acquiring an additional 74,864 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Pgim Aaa Clo Etf by 5.7% in the second quarter. Avantax Advisory Services Inc. now owns 217,716 shares of the company’s stock worth $11,201,000 after acquiring an additional 11,731 shares during the last quarter. Finally, Level Four Advisory Services LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the second quarter worth $5,520,000.

Pgim Aaa Clo Etf Stock Performance

Shares of NYSEARCA PAAA opened at $51.40 on Friday. Pgim Aaa Clo Etf has a one year low of $50.44 and a one year high of $52.06. The business’s 50-day moving average price is $51.36 and its two-hundred day moving average price is $51.37.

Pgim Aaa Clo Etf Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid 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.