Pgim Aaa Clo Etf $PAAA Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 105.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 568,779 shares of the company’s stock after purchasing an additional 292,154 shares during the quarter. Envestnet Asset Management Inc. owned about 0.58% of Pgim Aaa Clo Etf worth $29,292,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PAAA. Westside Investment Management Inc. increased its holdings in shares of Pgim Aaa Clo Etf by 59.2% in the third quarter. Westside Investment Management Inc. now owns 16,197 shares of the company’s stock valued at $834,000 after purchasing an additional 6,022 shares during the last quarter. Cornerstone Advisors Asset Management LLC grew its holdings in Pgim Aaa Clo Etf by 1.3% in the 3rd quarter. Cornerstone Advisors Asset Management LLC now owns 19,157 shares of the company’s stock valued at $987,000 after buying an additional 251 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Pgim Aaa Clo Etf by 38.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,968,503 shares of the company’s stock worth $101,358,000 after acquiring an additional 545,037 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Pgim Aaa Clo Etf by 80.4% during the 3rd quarter. Principal Financial Group Inc. now owns 64,075 shares of the company’s stock worth $3,300,000 after acquiring an additional 28,550 shares during the period. Finally, Three Cord True Wealth Management LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth $464,000.

Pgim Aaa Clo Etf Price Performance

Shares of PAAA stock opened at $51.40 on Friday. Pgim Aaa Clo Etf has a twelve month low of $50.44 and a twelve month high of $52.06. The company’s 50-day moving average price is $51.36 and its 200-day moving average price is $51.37.

Pgim Aaa Clo Etf Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.1933 dividend. 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.