MGO One Seven LLC Invests $796,000 in BondBloxx Private Credit CLO ETF $PCMM

MGO One Seven LLC bought a new stake in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,738 shares of the company’s stock, valued at approximately $796,000. MGO One Seven LLC owned approximately 0.46% of BondBloxx Private Credit CLO ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PCMM. Financial Partners Group Inc increased its position in shares of BondBloxx Private Credit CLO ETF by 3.1% in the 2nd quarter. Financial Partners Group Inc now owns 17,797 shares of the company’s stock valued at $897,000 after purchasing an additional 543 shares during the last quarter. Magnus Financial Group LLC grew its stake in shares of BondBloxx Private Credit CLO ETF by 30.8% during the second quarter. Magnus Financial Group LLC now owns 27,541 shares of the company’s stock worth $1,388,000 after purchasing an additional 6,481 shares in the last quarter. Independent Wealth Network Inc. purchased a new position in BondBloxx Private Credit CLO ETF in the second quarter valued at $603,000. Crews Bank & Trust acquired a new stake in BondBloxx Private Credit CLO ETF in the second quarter valued at $40,000. Finally, Prime Capital Investment Advisors LLC purchased a new stake in BondBloxx Private Credit CLO ETF during the 2nd quarter worth about $1,865,000.

BondBloxx Private Credit CLO ETF Stock Performance

PCMM opened at $50.22 on Friday. BondBloxx Private Credit CLO ETF has a one year low of $48.38 and a one year high of $52.02. The business’s 50-day simple moving average is $50.18 and its 200-day simple moving average is $50.39.

BondBloxx Private Credit CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were paid a $0.2769 dividend. This is an increase from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date was Tuesday, December 30th.

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.