KWB Wealth Acquires 429,144 Shares of PGIM Active Aggregate Bond ETF $PAB

KWB Wealth bought a new position in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 429,144 shares of the company’s stock, valued at approximately $17,230,000. PGIM Active Aggregate Bond ETF comprises about 1.5% of KWB Wealth’s investment portfolio, making the stock its 13th largest position. KWB Wealth owned 0.18% of PGIM Active Aggregate Bond ETF as of its most recent SEC filing.

Separately, Cetera Investment Advisers raised its stake in shares of PGIM Active Aggregate Bond ETF by 15.8% in the 1st quarter. Cetera Investment Advisers now owns 40,942 shares of the company’s stock valued at $1,733,000 after purchasing an additional 5,589 shares in the last quarter.

PGIM Active Aggregate Bond ETF Stock Performance

Shares of PGIM Active Aggregate Bond ETF stock remained flat at $40.69 during trading on Friday. 2,539 shares of the stock were exchanged, compared to its average volume of 20,313. PGIM Active Aggregate Bond ETF has a 1-year low of $40.05 and a 1-year high of $43.55. The firm’s fifty day simple moving average is $41.03 and its two-hundred day simple moving average is $41.74.

PGIM Active Aggregate Bond ETF Company Profile

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.