PGIM AAA CLO ETF (PAAA)
Foster & Motley Inc. Increases Stake in Pgim Aaa Clo Etf $PAAA
Foster and Motley Inc. increased its stake in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 98.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,840 shares of the company's stock after buying an additional 19,725
Principal Financial Group Inc. Raises Stake in Pgim Aaa Clo Etf $PAAA
Principal Financial Group Inc. increased its holdings in Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 80.4% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,075 shares of the company's stock after buying an additional 28,550 shares during the
Orion Porfolio Solutions LLC Purchases New Stake in Pgim Aaa Clo Etf $PAAA
Orion Porfolio Solutions LLC acquired a new position in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,804 shares of the company's stock, valued at approximately $1,379,000. Several
AdvisorNet Financial Inc Increases Stake in Pgim Aaa Clo Etf $PAAA
AdvisorNet Financial Inc grew its stake in shares of Pgim Aaa Clo Etf (NYSEARCA:PAAA) by 662.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 167,263 shares of the company's stock after purchasing an additional 145,338 shares during the quarter.
PAAA: Defensive Yield In Uncertain Times
PAAA is an ETF that actively operates on AAA CLOs and provides a competitive yield compared to agg. bond and its competitors. I think that today the reduction of the risk premium and the increase in the risk of systemic shocks favor solutions like PAAA. The disconnection from these asset classes makes it, in my opinion, a diversifying and defensive component of the portfolio, even in uncertain times like the current one.