Kingsview Wealth Management LLC Grows Stock Position in Pgim Aaa Clo Etf $PAAA

Kingsview Wealth Management LLC raised its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 34.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,927 shares of the company’s stock after acquiring an additional 42,360 shares during the quarter. Kingsview Wealth Management LLC owned 0.12% of Pgim Aaa Clo Etf worth $8,505,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PAAA. Employees Retirement System of Texas purchased a new position in shares of Pgim Aaa Clo Etf in the fourth quarter valued at $25,630,000. Integrity Alliance LLC. purchased a new stake in Pgim Aaa Clo Etf during the 4th quarter worth $1,104,000. Cary Street Partners Financial LLC purchased a new stake in Pgim Aaa Clo Etf during the 4th quarter worth $620,000. Redstone Wealth Management LLC acquired a new position in Pgim Aaa Clo Etf in the 4th quarter worth $1,591,000. Finally, Magnolia Private Wealth LLC purchased a new position in Pgim Aaa Clo Etf in the 4th quarter valued at about $244,000.

Pgim Aaa Clo Etf Price Performance

NYSEARCA:PAAA opened at $51.49 on Friday. The firm has a 50-day moving average of $51.36 and a two-hundred day moving average of $51.35. Pgim Aaa Clo Etf has a 1-year low of $51.16 and a 1-year high of $51.54.

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.