PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Shares Down 0.2%

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) dropped 0.2% during mid-day trading on Friday . The company traded as low as $40.79 and last traded at $40.79. Approximately 222 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 1,130 shares. The stock had previously closed at $40.89.

PGIM Active Aggregate Bond ETF Price Performance

The stock’s 50 day moving average price is $41.27 and its 200 day moving average price is $41.82.

Institutional Trading of PGIM Active Aggregate Bond ETF

Large investors have recently modified their holdings of the stock. Prudential Financial Inc. raised its stake in shares of 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 last quarter. Beaumont Financial Advisors LLC bought a new stake in PGIM Active Aggregate Bond ETF in the 2nd quarter worth about $924,000. Jane Street Group LLC purchased a new stake in PGIM Active Aggregate Bond ETF in the 1st quarter valued at about $905,000. Citadel Advisors LLC bought a new position in shares of PGIM Active Aggregate Bond ETF during the 2nd quarter worth approximately $560,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of PGIM Active Aggregate Bond ETF during the 1st quarter valued at $90,000.

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.