Laidlaw Wealth Management LLC Acquires 35,038 Shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA)

Laidlaw Wealth Management LLC grew its position in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 70.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 84,870 shares of the company’s stock after buying an additional 35,038 shares during the period. Pgim Aaa Clo Etf makes up 1.9% of Laidlaw Wealth Management LLC’s portfolio, making the stock its 10th largest position. Laidlaw Wealth Management LLC’s holdings in Pgim Aaa Clo Etf were worth $4,345,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Atlas Wealth LLC acquired a new stake in shares of Pgim Aaa Clo Etf in the 3rd quarter valued at approximately $217,000. TrueWealth Advisors LLC acquired a new stake in Pgim Aaa Clo Etf during the 4th quarter valued at $270,000. Janney Montgomery Scott LLC acquired a new stake in shares of Pgim Aaa Clo Etf during the fourth quarter worth $291,000. Fiduciary Trust Co acquired a new stake in shares of Pgim Aaa Clo Etf during the third quarter worth $307,000. Finally, Private Advisor Group LLC increased its position in shares of Pgim Aaa Clo Etf by 9.4% in the third quarter. Private Advisor Group LLC now owns 7,113 shares of the company’s stock worth $364,000 after purchasing an additional 613 shares during the period.

Pgim Aaa Clo Etf Stock Performance

Pgim Aaa Clo Etf stock opened at $51.39 on Wednesday. Pgim Aaa Clo Etf has a 12-month low of $50.68 and a 12-month high of $51.52. The business’s 50-day moving average price is $51.34 and its two-hundred day moving average price is $51.21.

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.