Ballast Rock Private Wealth LLC Has $7.06 Million Stock Holdings in Pgim Aaa Clo Etf $PAAA

Ballast Rock Private Wealth LLC boosted its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 54.5% during the first quarter, Holdings Channel reports. The institutional investor owned 137,407 shares of the company’s stock after acquiring an additional 48,465 shares during the quarter. Pgim Aaa Clo Etf comprises about 3.9% of Ballast Rock Private Wealth LLC’s investment portfolio, making the stock its 2nd biggest position. Ballast Rock Private Wealth LLC’s holdings in Pgim Aaa Clo Etf were worth $7,061,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PAAA. WealthPLAN Partners LLC boosted its position in shares of Pgim Aaa Clo Etf by 29.8% during the 4th quarter. WealthPLAN Partners LLC now owns 353,275 shares of the company’s stock valued at $18,109,000 after acquiring an additional 81,008 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Pgim Aaa Clo Etf by 32.7% in the third quarter. JPMorgan Chase & Co. now owns 973,087 shares of the company’s stock valued at $50,114,000 after acquiring an additional 239,829 shares during the period. AdvisorNet Financial Inc increased its stake in Pgim Aaa Clo Etf by 54.3% in the fourth quarter. AdvisorNet Financial Inc now owns 258,014 shares of the company’s stock valued at $13,226,000 after acquiring an additional 90,751 shares during the period. Riverchase Wealth Management LLC raised its position in 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 acquired a new position in Pgim Aaa Clo Etf in the fourth quarter worth about $648,000.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.42 on Monday. Pgim Aaa Clo Etf has a 12 month low of $51.16 and a 12 month high of $51.54. The company has a 50-day moving average price of $51.38 and a two-hundred day moving average price of $51.35.

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.