AdvisorNet Financial Inc Purchases 90,751 Shares of Pgim Aaa Clo Etf $PAAA

AdvisorNet Financial Inc grew its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 54.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 258,014 shares of the company’s stock after buying an additional 90,751 shares during the period. AdvisorNet Financial Inc owned 0.20% of Pgim Aaa Clo Etf worth $13,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sheets Smith Wealth Management increased its stake in shares of Pgim Aaa Clo Etf by 22.2% during the fourth quarter. Sheets Smith Wealth Management now owns 17,105 shares of the company’s stock valued at $877,000 after purchasing an additional 3,106 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Pgim Aaa Clo Etf by 3.9% in the 4th quarter. Blue Trust Inc. now owns 6,147 shares of the company’s stock worth $315,000 after purchasing an additional 229 shares in the last quarter. Nilsine Partners LLC grew its stake in shares of Pgim Aaa Clo Etf by 14.3% in the 4th quarter. Nilsine Partners LLC now owns 306,457 shares of the company’s stock worth $15,709,000 after buying an additional 38,312 shares during the last quarter. Foster & Motley Inc. grew its stake in shares of Pgim Aaa Clo Etf by 98.1% in the 4th quarter. Foster & Motley Inc. now owns 39,840 shares of the company’s stock worth $2,042,000 after buying an additional 19,725 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new position in Pgim Aaa Clo Etf during the 4th quarter valued at approximately $7,579,000.

Pgim Aaa Clo Etf Price Performance

NYSEARCA PAAA opened at $51.22 on Friday. The stock’s fifty day moving average price is $51.36 and its 200-day moving average price is $51.35. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $51.69.

Pgim Aaa Clo Etf Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1907 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, March 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.