The PGIM AAA CLO ETF (Symbol: PAAA) experienced a significant inflow of approximately $279.3 million, marking a 3.7% increase in outstanding units week over week, rising from 146,275,000 to 151,725,000.
Over the past year, PAAA’s share price fluctuated between a low of $50.44 and a high of $52.06, with the most recent price recorded at $51.26. This data provides important context for investors reviewing its performance against the 200-day moving average.
ETFs like PAAA operate by facilitating the trading of “units,” which can be created or destroyed based on investor demand, affecting the underlying assets held within the fund.
