Indie Asset Partners LLC Purchases New Holdings in Pgim Aaa Clo Etf $PAAA

Indie Asset Partners LLC purchased a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 54,853 shares of the company’s stock, valued at approximately $2,825,000. Pgim Aaa Clo Etf makes up approximately 3.8% of Indie Asset Partners LLC’s holdings, making the stock its 6th biggest holding. Indie Asset Partners LLC owned approximately 0.06% of Pgim Aaa Clo Etf as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC bought a new stake in Pgim Aaa Clo Etf during the third quarter valued at $26,000. AE Wealth Management LLC bought a new position in shares of Pgim Aaa Clo Etf in the 3rd quarter worth about $42,000. Team Financial Group LLC acquired a new position in shares of Pgim Aaa Clo Etf in the 3rd quarter valued at about $74,000. J.Safra Asset Management Corp grew its position in shares of Pgim Aaa Clo Etf by 114.6% during the 3rd quarter. J.Safra Asset Management Corp now owns 2,423 shares of the company’s stock valued at $125,000 after buying an additional 1,294 shares during the last quarter. Finally, Register Financial Advisors LLC grew its position in shares of Pgim Aaa Clo Etf by 80.5% during the 3rd 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

NYSEARCA:PAAA opened at $51.40 on Friday. The business has a 50 day simple moving average of $51.36 and a 200 day simple moving average of $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 Dividend Announcement

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

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.