Hartford Financial Management Inc. bought a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 197,587 shares of the company’s stock, valued at approximately $10,134,000. Pgim Aaa Clo Etf makes up 2.3% of Hartford Financial Management Inc.’s holdings, making the stock its 9th biggest position. Hartford Financial Management Inc. owned 0.07% of Pgim Aaa Clo Etf as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of Pgim Aaa Clo Etf by 19.6% in the first quarter. Bank of America Corp DE now owns 8,248,399 shares of the company’s stock worth $422,153,000 after acquiring an additional 1,352,768 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of Pgim Aaa Clo Etf in the first quarter valued at $311,627,000. Royal Bank of Canada raised its stake in shares of Pgim Aaa Clo Etf by 1,170.7% in the first quarter. Royal Bank of Canada now owns 3,868,028 shares of the company’s stock valued at $197,966,000 after acquiring an additional 3,563,618 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Pgim Aaa Clo Etf by 18.9% in the second quarter. Envestnet Asset Management Inc. now owns 1,682,303 shares of the company’s stock valued at $86,252,000 after acquiring an additional 267,180 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings 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 valued at $61,592,000 after purchasing an additional 271,557 shares during the period.
Pgim Aaa Clo Etf Trading Up 0.0%
NYSEARCA:PAAA opened at $51.43 on Thursday. The stock has a fifty day moving average price of $51.41 and a 200 day moving average price of $51.39. Pgim Aaa Clo Etf has a 12-month low of $51.16 and a 12-month high of $51.54.
About Pgim Aaa Clo Etf
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.
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