Farther Finance Advisors LLC Has $2.88 Million Holdings in Pgim Aaa Clo Etf $PAAA

Farther Finance Advisors LLC grew its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 3,808.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 55,816 shares of the company’s stock after purchasing an additional 54,388 shares during the quarter. Farther Finance Advisors LLC’s holdings in Pgim Aaa Clo Etf were worth $2,875,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of PAAA. J.Safra Asset Management Corp acquired a new position in Pgim Aaa Clo Etf in the second quarter valued at approximately $46,000. Team Financial Group LLC acquired a new stake in Pgim Aaa Clo Etf during the 3rd quarter worth $74,000. Register Financial Advisors LLC bought a new stake in shares of Pgim Aaa Clo Etf during the 2nd quarter valued at $77,000. Comerica Bank lifted its stake in shares of Pgim Aaa Clo Etf by 458.6% in the 1st quarter. Comerica Bank now owns 3,653 shares of the company’s stock valued at $187,000 after purchasing an additional 2,999 shares during the period. Finally, Aurora Private Wealth Inc. bought a new position in shares of Pgim Aaa Clo Etf in the 2nd quarter worth $202,000.

Pgim Aaa Clo Etf Price Performance

Shares of Pgim Aaa Clo Etf stock opened at $51.22 on Friday. Pgim Aaa Clo Etf has a 12 month low of $50.44 and a 12 month high of $52.06. The business has a fifty day simple moving average of $51.34 and a 200 day simple moving average of $51.36.

Pgim Aaa Clo Etf Announces Dividend

The business also recently announced a special dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2097 per share. The ex-dividend date was Friday, December 19th.

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.