Fiduciary Group LLC Increases Holdings in Pgim Aaa Clo Etf $PAAA

Fiduciary Group LLC lifted its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 9.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 280,109 shares of the company’s stock after acquiring an additional 23,588 shares during the period. Pgim Aaa Clo Etf accounts for about 1.3% of Fiduciary Group LLC’s portfolio, making the stock its 19th biggest holding. Fiduciary Group LLC owned approximately 0.29% of Pgim Aaa Clo Etf worth $14,426,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Pgim Aaa Clo Etf by 105.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 568,779 shares of the company’s stock valued at $29,292,000 after purchasing an additional 292,154 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Pgim Aaa Clo Etf by 3,808.7% in the third quarter. Farther Finance Advisors LLC now owns 55,816 shares of the company’s stock worth $2,875,000 after buying an additional 54,388 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Pgim Aaa Clo Etf by 32.7% during the third quarter. JPMorgan Chase & Co. now owns 973,087 shares of the company’s stock valued at $50,114,000 after buying an additional 239,829 shares during the last quarter. Able Wealth Management LLC boosted its stake in Pgim Aaa Clo Etf by 658.5% during the third quarter. Able Wealth Management LLC now owns 62,439 shares of the company’s stock valued at $3,216,000 after buying an additional 54,207 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in Pgim Aaa Clo Etf by 5.7% during the 2nd quarter. Avantax Advisory Services Inc. now owns 217,716 shares of the company’s stock valued at $11,201,000 after buying an additional 11,731 shares in the last quarter.

Pgim Aaa Clo Etf Stock Down 0.2%

Shares of PAAA opened at $51.20 on Wednesday. Pgim Aaa Clo Etf has a 1 year low of $50.44 and a 1 year high of $52.06. The business’s 50 day simple moving average is $51.39 and its 200-day simple moving average is $51.38.

Pgim Aaa Clo Etf Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.1907 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.5%.

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.