PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Trading Up 0.3% – Here’s What Happened

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) shares shot up 0.3% during trading on Monday . The stock traded as high as $41.85 and last traded at $41.85. 47 shares traded hands during trading, a decline of 98% from the average session volume of 2,395 shares. The stock had previously closed at $41.72.

PGIM Active Aggregate Bond ETF Price Performance

The stock has a 50-day moving average price of $41.63 and a two-hundred day moving average price of $42.33.

Institutional Trading of PGIM Active Aggregate Bond ETF

Several large investors have recently bought and sold shares of PAB. Jane Street Group LLC increased its holdings in PGIM Active Aggregate Bond ETF by 55.5% in the 4th quarter. Jane Street Group LLC now owns 15,019 shares of the company’s stock worth $623,000 after buying an additional 5,358 shares during the period. Cora Capital Advisors LLC acquired a new stake in PGIM Active Aggregate Bond ETF in the 4th quarter valued at $508,000. Finally, LPL Financial LLC acquired a new position in shares of PGIM Active Aggregate Bond ETF during the 4th quarter worth about $433,000.

About PGIM Active Aggregate Bond ETF

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.