BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Declares Monthly Dividend of $0.28

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) declared a monthly dividend on Tuesday, December 30th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.2769 per share on Monday, January 5th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date is Tuesday, December 30th. This is a 8.6% increase from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of NASDAQ:PCMM traded up $0.04 during trading on Wednesday, hitting $50.14. The company’s stock had a trading volume of 4,528 shares, compared to its average volume of 33,097. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.02. The business has a 50 day moving average price of $50.21 and a two-hundred day moving average price of $50.42.

Institutional Trading of BondBloxx Private Credit CLO ETF

A number of large investors have recently made changes to their positions in the company. CWM LLC acquired a new position in BondBloxx Private Credit CLO ETF in the third quarter valued at $34,000. Crews Bank & Trust purchased a new position in BondBloxx Private Credit CLO ETF during the 2nd quarter worth approximately $40,000. Bulwark Capital Corp purchased a new position in BondBloxx Private Credit CLO ETF during the 3rd quarter worth approximately $116,000. Steward Partners Investment Advisory LLC acquired a new position in BondBloxx Private Credit CLO ETF during the second quarter worth approximately $173,000. Finally, Avaii Wealth Management LLC purchased a new stake in BondBloxx Private Credit CLO ETF in the third quarter valued at approximately $223,000.

About BondBloxx Private Credit CLO ETF

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.