Strategic Financial Partners Ltd. Sells 59,854 Shares of PGIM Active Aggregate Bond ETF $PAB

Strategic Financial Partners Ltd. trimmed its holdings in PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) by 50.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,223 shares of the company’s stock after selling 59,854 shares during the quarter. PGIM Active Aggregate Bond ETF comprises 1.1% of Strategic Financial Partners Ltd.’s portfolio, making the stock its 20th biggest holding. Strategic Financial Partners Ltd.’s holdings in PGIM Active Aggregate Bond ETF were worth $2,500,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Coign Capital Advisors LLC bought a new stake in PGIM Active Aggregate Bond ETF during the 3rd quarter worth about $6,950,000. Intrua Financial LLC raised its stake in shares of PGIM Active Aggregate Bond ETF by 18.8% in the third quarter. Intrua Financial LLC now owns 129,756 shares of the company’s stock worth $5,572,000 after acquiring an additional 20,537 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of PGIM Active Aggregate Bond ETF by 63.0% during the first quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock worth $1,037,000 after purchasing an additional 9,464 shares in the last quarter.

PGIM Active Aggregate Bond ETF Price Performance

PAB opened at $43.00 on Wednesday. The company’s 50 day simple moving average is $42.84 and its 200-day simple moving average is $42.84. PGIM Active Aggregate Bond ETF has a one year low of $40.73 and a one year high of $43.41.

PGIM Active Aggregate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.1519 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd.

PGIM Active Aggregate Bond ETF Profile

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.