American Asset Management Inc. Grows Stake in PGIM S&P 500 Buffer 20 ETF – February $PBFB

American Asset Management Inc. raised its position in shares of PGIM S&P 500 Buffer 20 ETF – February (BATS:PBFB) by 551.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,119 shares of the company’s stock after purchasing an additional 71,215 shares during the period. PGIM S&P 500 Buffer 20 ETF – February comprises 2.2% of American Asset Management Inc.’s portfolio, making the stock its 12th biggest position. American Asset Management Inc. owned 0.16% of PGIM S&P 500 Buffer 20 ETF – February worth $2,527,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Jim Saulnier & Associates LLC grew its position in shares of PGIM S&P 500 Buffer 20 ETF – February by 94.1% during the 1st quarter. Jim Saulnier & Associates LLC now owns 93,746 shares of the company’s stock worth $2,816,000 after buying an additional 45,460 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of PGIM S&P 500 Buffer 20 ETF – February by 70.6% during the first quarter. Kestra Advisory Services LLC now owns 30,853 shares of the company’s stock valued at $927,000 after buying an additional 12,763 shares during the period. Finally, Blue Water Asset Management bought a new stake in shares of PGIM S&P 500 Buffer 20 ETF – February in the fourth quarter valued at about $349,000.

PGIM S&P 500 Buffer 20 ETF – February Stock Performance

PBFB stock opened at $31.90 on Monday. PGIM S&P 500 Buffer 20 ETF – February has a 1-year low of $28.74 and a 1-year high of $32.79. The business has a 50-day moving average price of $31.81 and a 200 day moving average price of $31.04.

PGIM S&P 500 Buffer 20 ETF – February Company Profile

The PGIM US Large-Cap Buffer 20 ETF – February (PBFB) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. PBFB was launched on Jan 31, 2024 and is issued by PGIM.