Essex Financial Services Inc. Has $4.62 Million Position in Pgim Aaa Clo Etf $PAAA

Essex Financial Services Inc. lifted its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 14.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,763 shares of the company’s stock after acquiring an additional 11,027 shares during the period. Essex Financial Services Inc. owned approximately 0.09% of Pgim Aaa Clo Etf worth $4,623,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. CWM LLC bought a new stake in Pgim Aaa Clo Etf during the third quarter worth $26,000. AE Wealth Management LLC acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth $42,000. Team Financial Group LLC bought a new stake in shares of Pgim Aaa Clo Etf during the 3rd quarter worth $74,000. J.Safra Asset Management Corp boosted its stake in Pgim Aaa Clo Etf by 114.6% in the third quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock valued at $125,000 after buying an additional 1,294 shares in the last quarter. Finally, Register Financial Advisors LLC grew its position in Pgim Aaa Clo Etf by 80.5% in the third quarter. Register Financial Advisors LLC now owns 2,708 shares of the company’s stock valued at $139,000 after acquiring an additional 1,208 shares during the last quarter.

Pgim Aaa Clo Etf Price Performance

PAAA stock opened at $51.42 on Wednesday. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06. The firm has a 50-day moving average price of $51.36 and a 200-day moving average price of $51.37.

Pgim Aaa Clo Etf Announces Dividend

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

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.