Truist Financial Corp Has $11.03 Million Stock Position in Pgim Aaa Clo Etf $PAAA

Truist Financial Corp increased its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 37.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,247 shares of the company’s stock after buying an additional 58,634 shares during the period. Truist Financial Corp owned 0.22% of Pgim Aaa Clo Etf worth $11,034,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PAAA. Prudential Financial Inc. grew its stake in Pgim Aaa Clo Etf by 2.3% in the second quarter. Prudential Financial Inc. now owns 20,667,923 shares of the company’s stock valued at $1,063,365,000 after acquiring an additional 472,028 shares during the period. Bank of America Corp DE lifted its holdings in shares of Pgim Aaa Clo Etf by 21.8% in the 2nd quarter. Bank of America Corp DE now owns 5,219,399 shares of the company’s stock worth $268,538,000 after purchasing an additional 934,216 shares in the last quarter. Raymond James Financial Inc. grew its position in Pgim Aaa Clo Etf by 30.9% in the 2nd quarter. Raymond James Financial Inc. now owns 843,900 shares of the company’s stock valued at $43,419,000 after purchasing an additional 199,218 shares during the period. PNC Financial Services Group Inc. increased its stake in Pgim Aaa Clo Etf by 632.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 689,582 shares of the company’s stock valued at $35,479,000 after purchasing an additional 595,416 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Pgim Aaa Clo Etf by 13.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 613,351 shares of the company’s stock valued at $31,588,000 after purchasing an additional 74,864 shares in the last quarter.

Pgim Aaa Clo Etf Trading Down 0.3%

Shares of NYSEARCA PAAA opened at $51.36 on Monday. The company has a 50-day moving average price of $51.35 and a 200-day moving average price of $51.37. Pgim Aaa Clo Etf has a 1 year low of $50.44 and a 1 year high of $52.06.

Pgim Aaa Clo Etf Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a $0.1933 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

Pgim Aaa Clo Etf Company 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.