Oppenheimer & Co. Inc. Makes New $768,000 Investment in Pgim Aaa Clo Etf $PAAA

Oppenheimer & Co. Inc. bought a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,975 shares of the company’s stock, valued at approximately $768,000.

Several other institutional investors and hedge funds have also bought and sold shares of PAAA. Park Avenue Securities LLC bought a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $353,000. WESPAC Advisors LLC bought a new stake in Pgim Aaa Clo Etf during the 3rd quarter valued at $1,383,000. Apollon Wealth Management LLC increased its position in shares of Pgim Aaa Clo Etf by 10.2% during the third quarter. Apollon Wealth Management LLC now owns 281,122 shares of the company’s stock worth $14,419,000 after acquiring an additional 25,939 shares in the last quarter. Middleton & Co. Inc. MA purchased a new stake in shares of Pgim Aaa Clo Etf in the third quarter worth approximately $6,583,000. Finally, Brookstone Capital Management purchased a new stake in Pgim Aaa Clo Etf in the 3rd quarter valued at $1,433,000.

Pgim Aaa Clo Etf Price Performance

PAAA opened at $51.33 on Wednesday. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week high of $51.54. The company’s 50-day moving average is $51.41 and its 200 day moving average is $51.38.

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.