PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Trading Down 0.2%

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) shares fell 0.2% on Friday . The company traded as low as $40.79 and last traded at $40.79. 222 shares were traded during mid-day trading, a decline of 80% from the average session volume of 1,130 shares. The stock had previously closed at $40.89.

PGIM Active Aggregate Bond ETF Price Performance

The stock has a 50 day moving average of $41.27 and a two-hundred day moving average of $41.82.

Hedge Funds Weigh In On PGIM Active Aggregate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in PGIM Active Aggregate Bond ETF during the 1st quarter valued at about $90,000. Citadel Advisors LLC bought a new stake in shares of PGIM Active Aggregate Bond ETF in the 2nd quarter valued at approximately $560,000. Jane Street Group LLC bought a new stake in shares of PGIM Active Aggregate Bond ETF in the 1st quarter valued at approximately $905,000. Beaumont Financial Advisors LLC bought a new stake in shares of PGIM Active Aggregate Bond ETF in the 2nd quarter valued at approximately $924,000. Finally, Prudential Financial Inc. grew its stake in shares of PGIM Active Aggregate Bond ETF by 96.9% in the 1st quarter. Prudential Financial Inc. now owns 965,000 shares of the company’s stock valued at $44,343,000 after buying an additional 475,000 shares in the last quarter.

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.