Cary Street Partners Financial LLC Makes New Investment in Pgim Aaa Clo Etf $PAAA

Cary Street Partners Financial LLC bought a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,100 shares of the company’s stock, valued at approximately $620,000.

Other hedge funds have also modified their holdings of the company. Nemes Rush Group LLC purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at approximately $26,000. AE Wealth Management LLC purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at approximately $42,000. Team Financial Group LLC raised its holdings in Pgim Aaa Clo Etf by 75.2% in the fourth quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock valued at $129,000 after buying an additional 1,080 shares during the period. Global Retirement Partners LLC purchased a new position in Pgim Aaa Clo Etf in the fourth quarter valued at approximately $136,000. Finally, Teamwork Financial Advisors LLC purchased a new position in Pgim Aaa Clo Etf in the fourth quarter valued at approximately $200,000.

Pgim Aaa Clo Etf Trading Down 0.3%

PAAA opened at $51.31 on Friday. The firm’s 50 day moving average is $51.36 and its 200-day moving average is $51.35. Pgim Aaa Clo Etf has a 52-week low of $51.16 and a 52-week high of $51.54.

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.