Jones Financial Companies Lllp Boosts Stock Position in Pgim Aaa Clo Etf $PAAA

Jones Financial Companies Lllp boosted its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 38.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,968,503 shares of the company’s stock after purchasing an additional 545,037 shares during the quarter. Jones Financial Companies Lllp owned about 2.02% of Pgim Aaa Clo Etf worth $101,358,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of PAAA. DAVENPORT & Co LLC raised its position in Pgim Aaa Clo Etf by 92.6% during the second quarter. DAVENPORT & Co LLC now owns 13,771 shares of the company’s stock valued at $709,000 after purchasing an additional 6,621 shares during the period. Farther Finance Advisors LLC increased its position in shares of Pgim Aaa Clo Etf by 3,808.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 55,816 shares of the company’s stock valued at $2,875,000 after purchasing an additional 54,388 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Pgim Aaa Clo Etf by 71.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 53,336 shares of the company’s stock valued at $2,744,000 after purchasing an additional 22,254 shares during the last quarter. Able Wealth Management LLC raised its holdings in Pgim Aaa Clo Etf by 658.5% during the 3rd quarter. Able Wealth Management LLC now owns 62,439 shares of the company’s stock valued at $3,216,000 after buying an additional 54,207 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Pgim Aaa Clo Etf by 13.9% in the third quarter. Commonwealth Equity Services LLC now owns 613,351 shares of the company’s stock worth $31,588,000 after buying an additional 74,864 shares during the last quarter.

Pgim Aaa Clo Etf Stock Down 0.4%

NYSEARCA PAAA opened at $51.36 on Monday. Pgim Aaa Clo Etf has a 52 week low of $50.44 and a 52 week high of $52.06. The company has a fifty day moving average of $51.35 and a two-hundred day moving average of $51.37.

Pgim Aaa Clo Etf Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a dividend of $0.1933 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, February 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.