Asset Allocation Strategies LLC Buys 132,866 Shares of Pgim Aaa Clo Etf $PAAA

Asset Allocation Strategies LLC boosted its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 322.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 174,110 shares of the company’s stock after purchasing an additional 132,866 shares during the quarter. Pgim Aaa Clo Etf comprises 1.6% of Asset Allocation Strategies LLC’s holdings, making the stock its 20th largest position. Asset Allocation Strategies LLC’s holdings in Pgim Aaa Clo Etf were worth $8,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings 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 worth $206,840,000 after purchasing an additional 1,151,352 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Pgim Aaa Clo Etf during the 3rd quarter valued at about $56,978,000. Bank of America Corp DE boosted its position in Pgim Aaa Clo Etf by 21.8% in the second 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 boosted its position in Pgim Aaa Clo Etf by 45.4% in the fourth 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 Pgim Aaa Clo Etf by 87.5% during the fourth quarter. UBS Group AG now owns 1,337,353 shares of the company’s stock worth $68,553,000 after buying an additional 624,288 shares during the last quarter.

Pgim Aaa Clo Etf Price Performance

Shares of Pgim Aaa Clo Etf stock opened at $51.46 on Monday. The firm’s 50-day moving average price is $51.40 and its two-hundred day moving average price is $51.36. Pgim Aaa Clo Etf has a 1-year low of $51.16 and a 1-year high of $51.54.

Pgim Aaa Clo Etf Company 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.