PGIM Active Aggregate Bond ETF (NYSEARCA:PAB – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 6,410 shares, an increase of 102.0% from the June 15th total of 3,174 shares. Based on an average daily volume of 7,896 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of PAB. Larson Financial Group LLC lifted its position in shares of PGIM Active Aggregate Bond ETF by 15.8% in the fourth quarter. Larson Financial Group LLC now owns 689,207 shares of the company’s stock valued at $29,464,000 after buying an additional 93,805 shares during the last quarter. Coign Capital Advisors LLC increased its holdings in shares of PGIM Active Aggregate Bond ETF by 7.4% during the 4th quarter. Coign Capital Advisors LLC now owns 173,764 shares of the company’s stock worth $7,429,000 after acquiring an additional 11,912 shares during the last quarter. Intrua Financial LLC raised its stake in PGIM Active Aggregate Bond ETF by 13.6% in the 1st quarter. Intrua Financial LLC now owns 172,282 shares of the company’s stock valued at $7,293,000 after acquiring an additional 20,642 shares during the period. LPL Financial LLC raised its stake in PGIM Active Aggregate Bond ETF by 107.0% in the 4th quarter. LPL Financial LLC now owns 47,362 shares of the company’s stock valued at $2,025,000 after acquiring an additional 24,477 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in PGIM Active Aggregate Bond ETF by 423.2% during the 3rd quarter. Citadel Advisors LLC now owns 41,435 shares of the company’s stock valued at $1,779,000 after purchasing an additional 33,516 shares during the last quarter.
PGIM Active Aggregate Bond ETF Price Performance
PAB stock traded up $0.06 during trading hours on Friday, reaching $41.91. 5,703 shares of the stock were exchanged, compared to its average volume of 20,792. The firm’s 50-day moving average is $42.08 and its 200-day moving average is $42.49. PGIM Active Aggregate Bond ETF has a 12 month low of $41.23 and a 12 month high of $43.55.
PGIM Active Aggregate Bond ETF Company Profile
The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.
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