Comerica Bank Buys New Stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA)

Comerica Bank acquired a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 654 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PAAA. Prudential Financial Inc. lifted its stake in shares of Pgim Aaa Clo Etf by 593.5% in the fourth quarter. Prudential Financial Inc. now owns 12,999,346 shares of the company’s stock valued at $665,567,000 after purchasing an additional 11,125,000 shares during the period. LPL Financial LLC lifted its stake in shares of Pgim Aaa Clo Etf by 72.5% in the fourth quarter. LPL Financial LLC now owns 1,667,855 shares of the company’s stock valued at $85,394,000 after purchasing an additional 700,745 shares during the period. Renaissance Technologies LLC acquired a new stake in shares of Pgim Aaa Clo Etf in the fourth quarter valued at about $43,878,000. Townsquare Capital LLC lifted its stake in shares of Pgim Aaa Clo Etf by 81.5% in the fourth quarter. Townsquare Capital LLC now owns 743,682 shares of the company’s stock valued at $38,077,000 after purchasing an additional 334,033 shares during the period. Finally, Norden Group LLC raised its position in Pgim Aaa Clo Etf by 80.7% during the fourth quarter. Norden Group LLC now owns 740,168 shares of the company’s stock worth $37,897,000 after acquiring an additional 330,519 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of NYSEARCA PAAA opened at $51.26 on Tuesday. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06. The company has a 50-day simple moving average of $51.10 and a 200-day simple moving average of $51.24.

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.