Pgim Aaa Clo Etf $PAAA Shares Newly Acquired by Basso Capital Management L.P.

Basso Capital Management L.P. bought a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 446,999 shares of the company’s stock, valued at approximately $22,927,000. Pgim Aaa Clo Etf makes up 4.9% of Basso Capital Management L.P.’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PAAA. Team Financial Group LLC lifted its holdings in shares of Pgim Aaa Clo Etf by 308.4% in the 3rd quarter. Team Financial Group LLC now owns 150,988 shares of the company’s stock worth $7,744,000 after acquiring an additional 114,018 shares during the last quarter. Integrity Alliance LLC. purchased a new position in Pgim Aaa Clo Etf in the third quarter valued at approximately $879,000. Cooper Capital Advisors LLC raised its stake in Pgim Aaa Clo Etf by 8.6% during the 3rd quarter. Cooper Capital Advisors LLC now owns 556,594 shares of the company’s stock worth $28,548,000 after acquiring an additional 44,066 shares in the last quarter. Vise Technologies Inc. acquired a new position in Pgim Aaa Clo Etf during the third quarter worth approximately $1,889,000. Finally, Global Assets Advisory LLC increased its holdings in shares of Pgim Aaa Clo Etf by 25.0% in the 3rd quarter. Global Assets Advisory LLC now owns 39,828 shares of the company’s stock valued at $2,044,000 after acquiring an additional 7,961 shares during the period.

Pgim Aaa Clo Etf Price Performance

Shares of NYSEARCA:PAAA opened at $51.33 on Thursday. The firm’s 50-day simple moving average is $51.41 and its 200-day simple moving average is $51.38. Pgim Aaa Clo Etf has a fifty-two week low of $51.16 and a fifty-two week 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.