Pgim Aaa Clo Etf $PAAA Position Boosted by Basso Capital Management L.P.

Basso Capital Management L.P. raised its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 38.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,556 shares of the company’s stock after acquiring an additional 42,606 shares during the quarter. Pgim Aaa Clo Etf makes up 4.7% of Basso Capital Management L.P.’s investment portfolio, making the stock its 7th largest holding. Basso Capital Management L.P. owned 0.11% of Pgim Aaa Clo Etf worth $7,820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of Pgim Aaa Clo Etf by 39.9% in the 4th quarter. LPL Financial LLC now owns 4,035,122 shares of the company’s stock valued at $206,840,000 after buying an additional 1,151,352 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of Pgim Aaa Clo Etf in the 3rd quarter valued at approximately $56,978,000. Bank of America Corp DE grew its stake in shares of Pgim Aaa Clo Etf by 21.8% in the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock valued at $268,538,000 after buying an additional 934,216 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Pgim Aaa Clo Etf by 45.4% in the 4th quarter. Wells Fargo & Company MN now owns 2,320,760 shares of the company’s stock valued at $118,962,000 after buying an additional 724,783 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Pgim Aaa Clo Etf by 87.5% in the 4th quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock valued at $68,553,000 after buying an additional 624,288 shares in the last quarter.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA PAAA opened at $51.41 on Thursday. The business has a 50 day simple moving average of $51.38 and a 200 day simple moving average of $51.35. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54.

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.