Private Advisor Group LLC Increases Stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA)

Private Advisor Group LLC increased its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,113 shares of the company’s stock after buying an additional 613 shares during the period. Private Advisor Group LLC owned about 0.23% of Pgim Aaa Clo Etf worth $364,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PAAA. J.W. Cole Advisors Inc. purchased a new position in Pgim Aaa Clo Etf in the second quarter valued at about $221,000. Pine Harbor Wealth Management LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the second quarter worth about $360,000. WealthPLAN Partners LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the first quarter worth about $400,000. Main Street Financial Solutions LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the second quarter worth about $428,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the second quarter worth about $671,000.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA stock opened at $51.09 on Wednesday. Pgim Aaa Clo Etf has a fifty-two week low of $50.28 and a fifty-two week high of $51.29. The stock’s 50-day simple moving average is $51.11 and its 200-day simple moving average is $51.03.

Pgim Aaa Clo Etf 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.