Choreo LLC Takes $951,000 Position in Pgim Aaa Clo Etf $PAAA

Choreo LLC bought a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 18,468 shares of the company’s stock, valued at approximately $951,000.

Several other hedge funds and other institutional investors have also bought and sold shares of PAAA. CWM LLC purchased a new position in shares of Pgim Aaa Clo Etf during the third quarter worth approximately $26,000. AE Wealth Management LLC purchased a new position in Pgim Aaa Clo Etf in the 3rd quarter worth $42,000. Team Financial Group LLC purchased a new position in Pgim Aaa Clo Etf in the 3rd quarter worth $74,000. J.Safra Asset Management Corp lifted its stake in Pgim Aaa Clo Etf by 114.6% in the third quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock worth $125,000 after purchasing an additional 1,294 shares during the last quarter. Finally, Register Financial Advisors LLC boosted its position in Pgim Aaa Clo Etf by 80.5% during the third quarter. Register Financial Advisors LLC now owns 2,708 shares of the company’s stock valued at $139,000 after buying an additional 1,208 shares during the period.

Pgim Aaa Clo Etf Stock Down 0.2%

Shares of NYSEARCA:PAAA opened at $51.20 on Wednesday. The stock’s 50-day moving average price is $51.39 and its 200-day moving average price is $51.38. Pgim Aaa Clo Etf has a 12-month low of $50.44 and a 12-month high of $52.06.

Pgim Aaa Clo Etf Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be paid a $0.1907 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, March 2nd.

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.