956,823 Shares in Pgim Aaa Clo Etf $PAAA Bought by Independent Financial Group LLC

Independent Financial Group LLC bought a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 956,823 shares of the company’s stock, valued at approximately $48,970,000. Pgim Aaa Clo Etf makes up 1.5% of Independent Financial Group LLC’s investment portfolio, making the stock its 5th biggest holding. Independent Financial Group LLC owned approximately 0.55% of Pgim Aaa Clo Etf at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of Pgim Aaa Clo Etf by 8.7% in the third quarter. Bank of America Corp DE now owns 5,674,060 shares of the company’s stock valued at $292,214,000 after buying an additional 454,661 shares in the last quarter. Morgan Stanley boosted its position in shares of Pgim Aaa Clo Etf by 16.4% in the 4th quarter. Morgan Stanley now owns 4,360,865 shares of the company’s stock worth $223,538,000 after buying an additional 613,714 shares in the last quarter. LPL Financial LLC boosted its position in shares of Pgim Aaa Clo Etf by 39.9% in the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock worth $206,840,000 after buying an additional 1,151,352 shares in the last quarter. Wells Fargo & Company MN grew its stake in Pgim Aaa Clo Etf by 45.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,320,760 shares of the company’s stock valued at $118,962,000 after acquiring an additional 724,783 shares during the last quarter. Finally, UBS Group AG grew its stake in Pgim Aaa Clo Etf by 87.5% in the 4th quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock valued at $68,553,000 after acquiring an additional 624,288 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

NYSEARCA:PAAA opened at $51.38 on Friday. The firm has a 50-day moving average price of $51.39 and a two-hundred day moving average price of $51.37. Pgim Aaa Clo Etf has a twelve month low of $51.16 and a twelve month high of $51.54.

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.