Pgim Aaa Clo Etf $PAAA Stock Purchased by Redstone Wealth Management LLC

Redstone Wealth Management LLC raised its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 52.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,862 shares of the company’s stock after purchasing an additional 14,366 shares during the quarter. Pgim Aaa Clo Etf makes up approximately 1.3% of Redstone Wealth Management LLC’s holdings, making the stock its 16th biggest position. Redstone Wealth Management LLC’s holdings in Pgim Aaa Clo Etf were worth $2,147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PAAA. Stewardship Advisors LLC increased its position in Pgim Aaa Clo Etf by 4.4% in the 3rd quarter. Stewardship Advisors LLC now owns 11,340 shares of the company’s stock worth $582,000 after purchasing an additional 474 shares during the last quarter. Secure Asset Management LLC purchased a new stake in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $16,006,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Pgim Aaa Clo Etf during the 3rd quarter valued at about $77,000. Foguth Wealth Management LLC. lifted its holdings in shares of Pgim Aaa Clo Etf by 221.5% during the 3rd quarter. Foguth Wealth Management LLC. now owns 743,776 shares of the company’s stock valued at $38,245,000 after buying an additional 512,409 shares during the last quarter. Finally, Optivise Advisory Services LLC lifted its holdings in shares of Pgim Aaa Clo Etf by 15.5% during the 3rd quarter. Optivise Advisory Services LLC now owns 20,245 shares of the company’s stock valued at $1,038,000 after buying an additional 2,712 shares during the last quarter.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA PAAA opened at $51.42 on Wednesday. The business has a 50 day simple moving average of $51.41 and a 200 day simple moving average of $51.39. Pgim Aaa Clo Etf has a 52 week low of $51.16 and a 52 week high of $51.54.

Pgim Aaa Clo Etf 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.