Breakwater Capital Group Boosts Position in Pgim Aaa Clo Etf $PAAA

Breakwater Capital Group raised its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 124.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,353 shares of the company’s stock after acquiring an additional 16,816 shares during the period. Breakwater Capital Group’s holdings in Pgim Aaa Clo Etf were worth $1,563,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. CWM LLC acquired a new stake in Pgim Aaa Clo Etf during the 3rd quarter worth $26,000. AE Wealth Management LLC purchased a new position in Pgim Aaa Clo Etf during the 3rd quarter worth approximately $42,000. J.Safra Asset Management Corp acquired a new position in Pgim Aaa Clo Etf during the second quarter worth approximately $46,000. Team Financial Group LLC acquired a new position in Pgim Aaa Clo Etf during the third quarter worth approximately $74,000. Finally, Register Financial Advisors LLC lifted its stake in Pgim Aaa Clo Etf by 80.5% in the third quarter. Register Financial Advisors LLC now owns 2,708 shares of the company’s stock valued at $139,000 after buying an additional 1,208 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.39 on Monday. The company’s 50 day simple moving average is $51.34 and its 200-day simple moving average is $51.37. Pgim Aaa Clo Etf has a 12-month low of $50.44 and a 12-month high of $52.06.

Pgim Aaa Clo Etf Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1933 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.