AdvisorNet Financial Inc Increases Stake in Pgim Aaa Clo Etf $PAAA

AdvisorNet Financial Inc grew its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 662.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 167,263 shares of the company’s stock after purchasing an additional 145,338 shares during the quarter. AdvisorNet Financial Inc owned approximately 0.19% of Pgim Aaa Clo Etf worth $8,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in PAAA. Cooper Financial Group raised its position in Pgim Aaa Clo Etf by 2.3% during the 2nd quarter. Cooper Financial Group now owns 9,001 shares of the company’s stock valued at $463,000 after purchasing an additional 200 shares during the last quarter. Asset Allocation Strategies LLC increased its position in shares of Pgim Aaa Clo Etf by 0.9% during the second quarter. Asset Allocation Strategies LLC now owns 26,897 shares of the company’s stock valued at $1,384,000 after buying an additional 234 shares during the period. Fiduciary Alliance LLC raised its stake in Pgim Aaa Clo Etf by 3.6% in the third quarter. Fiduciary Alliance LLC now owns 16,230 shares of the company’s stock worth $836,000 after buying an additional 557 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in Pgim Aaa Clo Etf by 81.2% in the second quarter. Farther Finance Advisors LLC now owns 1,428 shares of the company’s stock worth $73,000 after buying an additional 640 shares during the period. Finally, Optivise Advisory Services LLC lifted its holdings in Pgim Aaa Clo Etf by 5.2% in the second quarter. Optivise Advisory Services LLC now owns 13,301 shares of the company’s stock worth $684,000 after buying an additional 657 shares during the period.

Pgim Aaa Clo Etf Trading Down 0.4%

PAAA stock opened at $51.18 on Friday. Pgim Aaa Clo Etf has a fifty-two week low of $50.44 and a fifty-two week high of $52.06. The business’s 50 day moving average price is $51.35 and its two-hundred day moving average price is $51.36.

Pgim Aaa Clo Etf Announces Dividend

The company also recently declared a special dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a $0.2097 dividend. The ex-dividend date of this dividend is Friday, December 19th.

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. PAAA was launched on Jul 19, 2023 and is issued by PGIM.