Janney Montgomery Scott LLC Raises Stake in Pgim Aaa Clo Etf $PAAA

Janney Montgomery Scott LLC increased its position in Pgim Aaa Clo Etf (NYSEARCA:PAAAFree Report) by 53.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 138,977 shares of the company’s stock after acquiring an additional 48,287 shares during the period. Janney Montgomery Scott LLC’s holdings in Pgim Aaa Clo Etf were worth $7,113,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PAAA. NewEdge Advisors LLC boosted its position in Pgim Aaa Clo Etf by 71.4% during the first quarter. NewEdge Advisors LLC now owns 6,224 shares of the company’s stock worth $319,000 after acquiring an additional 2,593 shares during the last quarter. Creative Planning acquired a new position in Pgim Aaa Clo Etf in the 2nd quarter valued at $218,000. Baird Financial Group Inc. acquired a new position in Pgim Aaa Clo Etf in the 2nd quarter valued at $967,000. Raymond James Financial Inc. lifted its stake in shares of Pgim Aaa Clo Etf by 30.9% during the 2nd quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock worth $43,419,000 after purchasing an additional 199,218 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of 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 purchasing an additional 934,216 shares during the period.

Pgim Aaa Clo Etf Stock Performance

PAAA stock opened at $51.32 on Friday. Pgim Aaa Clo Etf has a 52-week low of $51.16 and a 52-week high of $51.54. The stock’s fifty day simple moving average is $51.39 and its 200-day simple moving average is $51.36.

Pgim Aaa Clo Etf Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Pgim Aaa Clo Etf (NYSEARCA:PAAA)

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