Thrivent Financial for Lutherans Makes New Investment in Pgim Aaa Clo Etf $PAAA

Thrivent Financial for Lutherans bought a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 89,509 shares of the company’s stock, valued at approximately $4,588,000. Thrivent Financial for Lutherans owned approximately 0.07% of Pgim Aaa Clo Etf at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC purchased a new stake in Pgim Aaa Clo Etf in the third quarter worth approximately $26,000. CWM LLC purchased a new stake in Pgim Aaa Clo Etf in the third quarter worth approximately $26,000. AE Wealth Management LLC purchased a new stake in Pgim Aaa Clo Etf in the third quarter worth approximately $42,000. Team Financial Group LLC boosted its stake in Pgim Aaa Clo Etf by 75.2% in the fourth quarter. Team Financial Group LLC now owns 2,516 shares of the company’s stock worth $129,000 after buying an additional 1,080 shares in the last quarter. Finally, Teamwork Financial Advisors LLC purchased a new stake in Pgim Aaa Clo Etf in the fourth quarter worth approximately $200,000.

Pgim Aaa Clo Etf Price Performance

NYSEARCA:PAAA opened at $51.49 on Friday. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The business has a 50 day moving average price of $51.34 and a 200-day moving average price 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.