Andina Capital Management LLC Lowers Stock Position in Pgim Aaa Clo Etf $PAAA

Andina Capital Management LLC cut its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 49.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,123 shares of the company’s stock after selling 9,729 shares during the quarter. Andina Capital Management LLC’s holdings in Pgim Aaa Clo Etf were worth $518,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthPLAN Partners LLC lifted its holdings in Pgim Aaa Clo Etf by 29.8% during the fourth quarter. WealthPLAN Partners LLC now owns 353,275 shares of the company’s stock valued at $18,109,000 after purchasing an additional 81,008 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Pgim Aaa Clo Etf by 32.7% in the third quarter. JPMorgan Chase & Co. now owns 973,087 shares of the company’s stock worth $50,114,000 after purchasing an additional 239,829 shares during the period. AdvisorNet Financial Inc increased its stake in shares of Pgim Aaa Clo Etf by 54.3% in the fourth quarter. AdvisorNet Financial Inc now owns 258,014 shares of the company’s stock worth $13,226,000 after purchasing an additional 90,751 shares in the last quarter. Riverchase Wealth Management LLC increased its stake in shares of Pgim Aaa Clo Etf by 90.0% in the fourth quarter. Riverchase Wealth Management LLC now owns 25,131 shares of the company’s stock worth $1,288,000 after purchasing an additional 11,906 shares in the last quarter. Finally, HBW Advisory Services LLC bought a new stake in shares of Pgim Aaa Clo Etf during the 4th quarter valued at $648,000.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA stock opened at $51.42 on Wednesday. Pgim Aaa Clo Etf has a one year low of $51.16 and a one year high of $51.54. The company’s fifty day moving average price is $51.39 and its 200-day moving average price is $51.36.

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.