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

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)’s stock price dropped 0.2% during trading on Friday . The stock traded as low as $40.79 and last traded at $40.79. Approximately 222 shares were traded 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 Trading Down 0.2 %

The stock has a fifty day moving average price of $41.27 and a two-hundred day moving average price of $41.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PAB. Geneos Wealth Management Inc. acquired a new position in shares of PGIM Active Aggregate Bond ETF during the first quarter valued at approximately $90,000. Citadel Advisors LLC acquired a new stake in PGIM Active Aggregate Bond ETF in the second quarter worth approximately $560,000. Jane Street Group LLC bought a new position in PGIM Active Aggregate Bond ETF during the 1st quarter valued at $905,000. Beaumont Financial Advisors LLC acquired a new position in shares of PGIM Active Aggregate Bond ETF during the 2nd quarter valued at $924,000. Finally, Prudential Financial Inc. increased its position in shares of PGIM Active Aggregate Bond ETF by 96.9% during the 1st quarter. Prudential Financial Inc. now owns 965,000 shares of the company’s stock valued at $44,343,000 after purchasing an additional 475,000 shares during the period.

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.