Breakwater Capital Group Buys 17,810 Shares of Pgim Aaa Clo Etf $PAAA

Breakwater Capital Group raised its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 58.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,283 shares of the company’s stock after acquiring an additional 17,810 shares during the period. Breakwater Capital Group’s holdings in Pgim Aaa Clo Etf were worth $2,475,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of PAAA. Bank of America Corp DE raised its stake in shares of Pgim Aaa Clo Etf by 19.6% in the first quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock valued at $422,153,000 after acquiring an additional 1,352,768 shares during the period. Sei Investments Co. purchased a new position in shares of Pgim Aaa Clo Etf during the 1st quarter worth about $311,627,000. Morgan Stanley grew its holdings in Pgim Aaa Clo Etf by 16.4% during the 4th quarter. Morgan Stanley now owns 4,360,865 shares of the company’s stock valued at $223,538,000 after purchasing an additional 613,714 shares during the last quarter. LPL Financial LLC grew its holdings in Pgim Aaa Clo Etf by 39.9% during the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock valued at $206,840,000 after purchasing an additional 1,151,352 shares during the last quarter. Finally, Royal Bank of Canada raised its position in Pgim Aaa Clo Etf by 1,170.7% in the 1st quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock worth $197,966,000 after purchasing an additional 3,563,618 shares during the period.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA PAAA opened at $51.35 on Friday. Pgim Aaa Clo Etf has a 1 year low of $51.16 and a 1 year high of $51.54. The firm has a 50-day simple moving average of $51.38 and a two-hundred day simple moving average of $51.37.

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.