PGIM Active Aggregate Bond ETF (NYSEARCA:PAB) Shares Down 0.4% – Time to Sell?

PGIM Active Aggregate Bond ETF (NYSEARCA:PAB)’s share price dropped 0.4% during mid-day trading on Tuesday . The stock traded as low as $42.17 and last traded at $42.17. Approximately 9,690 shares traded hands during trading, an increase of 357% from the average daily volume of 2,119 shares. The stock had previously closed at $42.33.

PGIM Active Aggregate Bond ETF Trading Down 0.4 %

The business has a fifty day simple moving average of $41.76 and a 200 day simple moving average of $42.25.

Institutional Trading of PGIM Active Aggregate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cora Capital Advisors LLC purchased a new stake in PGIM Active Aggregate Bond ETF during the 4th quarter worth about $508,000. LPL Financial LLC acquired a new stake in shares of PGIM Active Aggregate Bond ETF during the 4th quarter worth about $433,000. Finally, Jane Street Group LLC boosted its stake in shares of PGIM Active Aggregate Bond ETF by 55.5% during the 4th quarter. Jane Street Group LLC now owns 15,019 shares of the company’s stock worth $623,000 after purchasing an additional 5,358 shares during the last quarter.

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.