AdvisorNet Financial Inc Purchases 46,047 Shares of Pgim Aaa Clo Etf $PAAA

AdvisorNet Financial Inc increased its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 17.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 304,061 shares of the company’s stock after purchasing an additional 46,047 shares during the period. AdvisorNet Financial Inc’s holdings in Pgim Aaa Clo Etf were worth $15,562,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PAAA. Stewardship Advisors LLC bought a new stake in Pgim Aaa Clo Etf in the 1st quarter worth $544,000. Brookstone Capital Management purchased a new stake in shares of Pgim Aaa Clo Etf during the first quarter worth about $340,000. Ballast Rock Private Wealth LLC boosted its holdings in shares of Pgim Aaa Clo Etf by 54.5% during the first quarter. Ballast Rock Private Wealth LLC now owns 137,407 shares of the company’s stock worth $7,061,000 after purchasing an additional 48,465 shares during the period. Sheets Smith Wealth Management grew its stake in shares of Pgim Aaa Clo Etf by 6.0% in the first quarter. Sheets Smith Wealth Management now owns 18,134 shares of the company’s stock worth $928,000 after purchasing an additional 1,029 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of Pgim Aaa Clo Etf by 10.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 846,304 shares of the company’s stock worth $43,382,000 after purchasing an additional 79,117 shares during the last quarter.

Pgim Aaa Clo Etf Trading Up 0.0%

NYSEARCA PAAA opened at $51.43 on Tuesday. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The stock has a 50 day simple moving average of $51.39 and a two-hundred day simple moving average of $51.35.

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.