Central Bank & Trust Co. Buys New Holdings in Pgim Aaa Clo Etf $PAAA

Central Bank & Trust Co. purchased a new stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the third quarter, Holdings Channel reports. The institutional investor purchased 39,289 shares of the company’s stock, valued at approximately $2,015,000.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Pgim Aaa Clo Etf by 19.6% in the 1st quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock valued at $422,153,000 after acquiring an additional 1,352,768 shares in the last quarter. Sei Investments Co. bought a new position in Pgim Aaa Clo Etf in the 1st quarter valued at $311,627,000. Royal Bank of Canada boosted its holdings in shares of Pgim Aaa Clo Etf by 1,170.7% in the 1st quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock worth $197,966,000 after buying an additional 3,563,618 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Pgim Aaa Clo Etf by 18.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,682,303 shares of the company’s stock worth $86,252,000 after buying an additional 267,180 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in Pgim Aaa Clo Etf by 29.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,203,448 shares of the company’s stock worth $61,592,000 after acquiring an additional 271,557 shares during the period.

Pgim Aaa Clo Etf Trading Up 0.1%

Shares of NYSEARCA:PAAA traded up $0.04 during mid-day trading on Friday, reaching $51.38. The company had a trading volume of 944,795 shares, compared to its average volume of 2,217,586. The company’s 50-day moving average price is $51.40 and its 200-day moving average price is $51.38. Pgim Aaa Clo Etf has a one year low of $51.16 and a one year 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.