Pgim Aaa Clo Etf (NYSEARCA:PAAA) Position Raised by Norden Group LLC

Norden Group LLC grew its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 80.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 740,168 shares of the company’s stock after purchasing an additional 330,519 shares during the period. Pgim Aaa Clo Etf comprises approximately 4.3% of Norden Group LLC’s investment portfolio, making the stock its largest holding. Norden Group LLC owned 0.24% of Pgim Aaa Clo Etf worth $37,897,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Ameritas Advisory Services LLC raised its stake in shares of Pgim Aaa Clo Etf by 344.1% during the 4th quarter. Ameritas Advisory Services LLC now owns 775,546 shares of the company’s stock worth $39,708,000 after buying an additional 600,923 shares during the period. Townsquare Capital LLC raised its stake in shares of Pgim Aaa Clo Etf by 1,516.4% during the 3rd quarter. Townsquare Capital LLC now owns 409,649 shares of the company’s stock worth $20,990,000 after buying an additional 384,305 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth approximately $14,687,000. Hartford Financial Management Inc. acquired a new position in shares of Pgim Aaa Clo Etf during the 4th quarter worth approximately $9,237,000. Finally, Truist Financial Corp raised its stake in shares of Pgim Aaa Clo Etf by 524.1% during the 4th quarter. Truist Financial Corp now owns 124,715 shares of the company’s stock worth $6,385,000 after buying an additional 104,733 shares during the period.

Pgim Aaa Clo Etf Stock Up 0.0 %

Shares of PAAA stock opened at $51.45 on Friday. The stock has a 50 day simple moving average of $51.36 and a 200-day simple moving average of $51.23. Pgim Aaa Clo Etf has a 1-year low of $50.68 and a 1-year high of $51.52.

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.