PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Shares Up 0.3%

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)’s stock price rose 0.3% during trading on Wednesday . The company traded as high as $42.06 and last traded at $42.06. Approximately 1 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 188 shares. The stock had previously closed at $41.92.

PGIM Active Aggregate Bond ETF Price Performance

The stock’s 50-day simple moving average is $41.87 and its 200 day simple moving average is $41.21.

Hedge Funds Weigh In On PGIM Active Aggregate Bond ETF

Several large investors have recently bought and sold shares of the business. Prudential Financial Inc. raised its holdings in PGIM Active Aggregate Bond ETF by 96.9% in the first quarter. Prudential Financial Inc. now owns 965,000 shares of the company’s stock worth $44,343,000 after purchasing an additional 475,000 shares during the period. Geneos Wealth Management Inc. bought a new position in shares of PGIM Active Aggregate Bond ETF in the 1st quarter valued at about $90,000. Jane Street Group LLC grew its position in shares of PGIM Active Aggregate Bond ETF by 46.2% in the 1st quarter. Jane Street Group LLC now owns 27,980 shares of the company’s stock valued at $1,286,000 after acquiring an additional 8,848 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF during the 2nd quarter worth about $560,000.

PGIM Active Aggregate Bond ETF Company Profile

The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year.