PNC Financial Services Group Inc. Raises Stock Position in Pgim Aaa Clo Etf (NYSEARCA:PAAA)

PNC Financial Services Group Inc. raised its holdings in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 421.9% during the 4th quarter, HoldingsChannel reports. The fund owned 50,610 shares of the company’s stock after acquiring an additional 40,912 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Pgim Aaa Clo Etf were worth $2,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Atlas Wealth LLC purchased a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth $217,000. TrueWealth Advisors LLC bought a new stake in shares of Pgim Aaa Clo Etf during the 4th quarter valued at $270,000. Private Trust Co. NA raised its position in shares of Pgim Aaa Clo Etf by 9.7% during the 4th quarter. Private Trust Co. NA now owns 5,483 shares of the company’s stock valued at $281,000 after purchasing an additional 483 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Pgim Aaa Clo Etf during the 4th quarter valued at $291,000. Finally, Fiduciary Trust Co bought a new stake in shares of Pgim Aaa Clo Etf during the 3rd quarter valued at $307,000.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA stock opened at $51.25 on Friday. Pgim Aaa Clo Etf has a one year low of $50.69 and a one year high of $51.52. The company’s fifty day moving average price is $51.36 and its 200-day moving average price is $51.24.

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.