PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Stock Price Up 1.3%

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) rose 1.3% on Tuesday . The stock traded as high as $40.57 and last traded at $40.57. Approximately 3 shares were traded during trading, a decline of 100% from the average daily volume of 977 shares. The stock had previously closed at $40.07.

PGIM Active Aggregate Bond ETF Trading Up 1.3 %

The firm’s fifty day moving average price is $40.05 and its two-hundred day moving average price is $41.11.

Hedge Funds Weigh In On PGIM Active Aggregate Bond ETF

Several institutional investors have recently made changes to their positions in PAB. Geneos Wealth Management Inc. acquired a new position in shares of PGIM Active Aggregate Bond ETF during the first quarter valued at about $90,000. Citadel Advisors LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF in the 2nd quarter worth about $560,000. Jane Street Group LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF in the 1st quarter worth about $905,000. Beaumont Financial Advisors LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF in the 2nd quarter worth about $924,000. Finally, Prudential Financial Inc. raised its holdings 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 worth $44,343,000 after acquiring an additional 475,000 shares during 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.