Fifth Third Bancorp Buys Shares of 15,281 Pgim Aaa Clo Etf $PAAA

Fifth Third Bancorp purchased a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,281 shares of the company’s stock, valued at approximately $782,000.

Several other institutional investors and hedge funds have also modified their holdings of PAAA. Richards Merrill & Peterson Inc. purchased a new stake in shares of Pgim Aaa Clo Etf in the 1st quarter worth $26,000. Garton & Associates Financial Advisors LLC purchased a new position in Pgim Aaa Clo Etf during the fourth quarter valued at $37,000. NewEdge Advisors LLC grew its holdings in Pgim Aaa Clo Etf by 874.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,173 shares of the company’s stock valued at $111,000 after purchasing an additional 1,950 shares during the period. Global Retirement Partners LLC bought a new stake in Pgim Aaa Clo Etf during the fourth quarter valued at about $136,000. Finally, J.Safra Asset Management Corp increased its position in Pgim Aaa Clo Etf by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 2,665 shares of the company’s stock worth $137,000 after buying an additional 242 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.44 on Tuesday. The business has a 50-day simple moving average of $51.39 and a two-hundred day simple moving average of $51.37. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54.

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. PAAA was launched on Jul 19, 2023 and is issued by PGIM.