Riverchase Wealth Management LLC Raises Stock Position in Pgim Aaa Clo Etf $PAAA

Riverchase Wealth Management LLC increased its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 90.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,131 shares of the company’s stock after purchasing an additional 11,906 shares during the period. Pgim Aaa Clo Etf makes up 0.7% of Riverchase Wealth Management LLC’s holdings, making the stock its 24th biggest position. Riverchase Wealth Management LLC’s holdings in Pgim Aaa Clo Etf were worth $1,288,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nemes Rush Group LLC purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at $26,000. CWM LLC purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at $26,000. AE Wealth Management LLC purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at $42,000. J.Safra Asset Management Corp increased its holdings 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, Team Financial Group LLC increased its holdings in Pgim Aaa Clo Etf by 75.2% in the fourth quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock valued at $129,000 after buying an additional 1,080 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

PAAA opened at $51.31 on Tuesday. Pgim Aaa Clo Etf has a fifty-two week low of $51.10 and a fifty-two week high of $51.54. The company has a fifty day moving average of $51.32 and a two-hundred day moving average of $51.35.

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.