PGIM Active Aggregate Bond ETF $PAB Position Increased by Coign Capital Advisors LLC

Coign Capital Advisors LLC raised its position in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 173,764 shares of the company’s stock after acquiring an additional 11,912 shares during the quarter. PGIM Active Aggregate Bond ETF makes up about 3.9% of Coign Capital Advisors LLC’s holdings, making the stock its 9th biggest holding. Coign Capital Advisors LLC owned about 7.62% of PGIM Active Aggregate Bond ETF worth $7,429,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its position in shares of PGIM Active Aggregate Bond ETF by 63.0% in the 1st quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock valued at $1,037,000 after purchasing an additional 9,464 shares during the last quarter. Intrua Financial LLC grew its stake in shares of PGIM Active Aggregate Bond ETF by 18.8% during the third quarter. Intrua Financial LLC now owns 129,756 shares of the company’s stock worth $5,572,000 after purchasing an additional 20,537 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of PGIM Active Aggregate Bond ETF by 423.2% during the third quarter. Citadel Advisors LLC now owns 41,435 shares of the company’s stock worth $1,779,000 after purchasing an additional 33,516 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in PGIM Active Aggregate Bond ETF in the third quarter valued at $246,000. Finally, Larson Financial Group LLC increased its holdings in PGIM Active Aggregate Bond ETF by 56.2% in the third quarter. Larson Financial Group LLC now owns 595,402 shares of the company’s stock valued at $25,566,000 after buying an additional 214,108 shares during the last quarter.

PGIM Active Aggregate Bond ETF Price Performance

Shares of NYSEARCA PAB opened at $42.39 on Friday. The business has a 50-day moving average of $42.78 and a two-hundred day moving average of $42.90. PGIM Active Aggregate Bond ETF has a 1 year low of $40.73 and a 1 year high of $43.55.

PGIM Active Aggregate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1469 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

About PGIM Active Aggregate Bond ETF

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.