Principal Financial Group Inc. Raises Stake in Pgim Aaa Clo Etf $PAAA

Principal Financial Group Inc. increased its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 80.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,075 shares of the company’s stock after buying an additional 28,550 shares during the quarter. Principal Financial Group Inc. owned about 0.07% of Pgim Aaa Clo Etf worth $3,300,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Pgim Aaa Clo Etf by 21.8% in the second quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock worth $268,538,000 after acquiring an additional 934,216 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Pgim Aaa Clo Etf by 632.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 689,582 shares of the company’s stock valued at $35,479,000 after buying an additional 595,416 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of Pgim Aaa Clo Etf by 2.3% in the 2nd quarter. Prudential Financial Inc. now owns 20,667,923 shares of the company’s stock valued at $1,063,365,000 after buying an additional 472,028 shares during the period. Raymond James Financial Inc. grew its holdings in Pgim Aaa Clo Etf by 30.9% during the second quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock worth $43,419,000 after acquiring an additional 199,218 shares during the period. Finally, AdvisorNet Financial Inc raised its position in Pgim Aaa Clo Etf by 662.9% during the third quarter. AdvisorNet Financial Inc now owns 167,263 shares of the company’s stock valued at $8,614,000 after acquiring an additional 145,338 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Pgim Aaa Clo Etf stock opened at $51.42 on Tuesday. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06. The stock’s 50 day simple moving average is $51.36 and its two-hundred day simple moving average is $51.37.

Pgim Aaa Clo Etf Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.1933 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, February 2nd.

About Pgim Aaa Clo Etf

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.