Prudential Financial Inc. Reduces Holdings in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)

Prudential Financial Inc. lowered its position in shares of PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 2.0% during the fourth quarter, Holdings Channel reports. The firm owned 992,285 shares of the company’s stock after selling 20,215 shares during the quarter. Prudential Financial Inc. owned approximately 0.95% of PGIM Active Aggregate Bond ETF worth $41,178,000 as of its most recent filing with the SEC.

Separately, LPL Financial LLC purchased a new stake in PGIM Active Aggregate Bond ETF in the 4th quarter valued at $433,000.

PGIM Active Aggregate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:PAB opened at $42.17 on Wednesday. PGIM Active Aggregate Bond ETF has a 1-year low of $40.74 and a 1-year high of $43.68. The firm has a fifty day moving average price of $41.94 and a 200 day moving average price of $42.19.

About PGIM Active Aggregate Bond ETF

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year.