Pgim Aaa Clo Etf $PAAA Shares Purchased by Nilsine Partners LLC

Nilsine Partners LLC increased its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 306,457 shares of the company’s stock after buying an additional 38,312 shares during the quarter. Pgim Aaa Clo Etf comprises 1.4% of Nilsine Partners LLC’s holdings, making the stock its 14th largest position. Nilsine Partners LLC’s holdings in Pgim Aaa Clo Etf were worth $15,709,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in PAAA. Nemes Rush Group LLC acquired a new stake in shares of Pgim Aaa Clo Etf in the 3rd quarter worth $26,000. CWM LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth $26,000. AE Wealth Management LLC acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter valued at about $42,000. Team Financial Group LLC acquired 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 grew its holdings in shares of Pgim Aaa Clo Etf by 114.6% in the third quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock valued at $125,000 after purchasing an additional 1,294 shares during the period.

Pgim Aaa Clo Etf Stock Performance

Pgim Aaa Clo Etf stock opened at $51.18 on Wednesday. Pgim Aaa Clo Etf has a 12-month low of $50.44 and a 12-month high of $51.69. The company has a 50-day moving average price of $51.37 and a 200 day moving average price of $51.36.

Pgim Aaa Clo Etf Cuts Dividend

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

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.