Pgim Aaa Clo Etf (NYSEARCA:PAAA) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D decreased its position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 32.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 67,624 shares of the company’s stock after selling 32,376 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Pgim Aaa Clo Etf were worth $3,456,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Norden Group LLC acquired a new position in Pgim Aaa Clo Etf during the second quarter worth approximately $1,295,000. Commonwealth Equity Services LLC acquired a new position in shares of Pgim Aaa Clo Etf in the second quarter valued at approximately $671,000. Ameritas Advisory Services LLC acquired a new position in shares of Pgim Aaa Clo Etf in the second quarter valued at approximately $6,191,000. Harbour Investments Inc. acquired a new position in shares of Pgim Aaa Clo Etf in the second quarter valued at approximately $719,000. Finally, Advisory Resource Group acquired a new position in shares of Pgim Aaa Clo Etf in the second quarter valued at approximately $3,187,000.

Pgim Aaa Clo Etf Price Performance

NYSEARCA:PAAA opened at $51.07 on Wednesday. The stock’s 50 day simple moving average is $51.03 and its 200-day simple moving average is $50.95. Pgim Aaa Clo Etf has a 12-month low of $50.19 and a 12-month high of $51.22.

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.