Crumly & Associates Inc. Takes $540,000 Position in Pgim Aaa Clo Etf $PAAA

Crumly & Associates Inc. acquired a new position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,538 shares of the company’s stock, valued at approximately $540,000.

Other institutional investors also recently bought and sold shares of the company. CWM LLC bought a new stake in Pgim Aaa Clo Etf during the third quarter valued at about $26,000. Nemes Rush Group LLC bought a new position in shares of Pgim Aaa Clo Etf in the third quarter worth about $26,000. AE Wealth Management LLC bought a new position in shares of Pgim Aaa Clo Etf in the third quarter worth about $42,000. Team Financial Group LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter valued at about $74,000. Finally, J.Safra Asset Management Corp lifted its position in shares of Pgim Aaa Clo Etf by 114.6% during the 3rd quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock valued at $125,000 after buying an additional 1,294 shares in the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of NYSEARCA:PAAA opened at $51.38 on Friday. The stock has a 50 day moving average of $51.38 and a 200 day moving average of $51.36. Pgim Aaa Clo Etf has a 12-month low of $50.44 and a 12-month high of $51.69.

Pgim Aaa Clo Etf Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.1907 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, March 2nd.

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.