HM Payson & Co. Makes New Investment in Pgim Aaa Clo Etf (NYSEARCA:PAAA)

HM Payson & Co. acquired a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the 4th quarter, Holdings Channel reports. The firm acquired 29,359 shares of the company’s stock, valued at approximately $1,503,000.

Other institutional investors also recently modified their holdings of the company. Stifel Financial Corp acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $587,000. Janney Montgomery Scott LLC acquired a new position in shares of Pgim Aaa Clo Etf during the 4th quarter worth about $291,000. JPMorgan Chase & Co. acquired a new position in shares of Pgim Aaa Clo Etf during the 3rd quarter worth about $14,687,000. Sanctuary Advisors LLC increased its stake in shares of Pgim Aaa Clo Etf by 1.1% during the 4th quarter. Sanctuary Advisors LLC now owns 85,484 shares of the company’s stock worth $4,402,000 after purchasing an additional 933 shares during the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of Pgim Aaa Clo Etf by 9.2% during the 3rd quarter. Harbour Investments Inc. now owns 15,357 shares of the company’s stock worth $787,000 after purchasing an additional 1,289 shares during the last quarter.

Pgim Aaa Clo Etf Stock Performance

Shares of PAAA opened at $51.28 on Friday. Pgim Aaa Clo Etf has a 52 week low of $50.69 and a 52 week high of $51.52. The firm’s 50-day simple moving average is $51.35 and its 200 day simple moving average is $51.24.

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.