WealthPLAN Partners LLC Raises Stock Position in Pgim Aaa Clo Etf $PAAA

WealthPLAN Partners LLC increased its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 29.8% during the 4th quarter, Holdings Channel reports. The fund owned 353,275 shares of the company’s stock after acquiring an additional 81,008 shares during the period. Pgim Aaa Clo Etf comprises approximately 2.7% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 3rd largest position. WealthPLAN Partners LLC’s holdings in Pgim Aaa Clo Etf were worth $18,109,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PAAA. NewEdge Advisors LLC boosted its stake 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 in the last quarter. Creative Planning bought a new position in Pgim Aaa Clo Etf during the second quarter worth $218,000. Baird Financial Group Inc. bought a new position in Pgim Aaa Clo Etf during the second quarter worth $967,000. Raymond James Financial Inc. boosted its stake in Pgim Aaa Clo Etf by 30.9% during the second quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock worth $43,419,000 after acquiring an additional 199,218 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Pgim Aaa Clo Etf by 21.8% during the second quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock worth $268,538,000 after acquiring an additional 934,216 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA PAAA opened at $51.38 on Friday. Pgim Aaa Clo Etf has a 12-month low of $51.16 and a 12-month high of $51.54. The company’s fifty day simple moving average is $51.36 and its 200 day simple moving average is $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.