Capital Investment Advisory Services LLC Purchases Shares of 14,301 BondBloxx Private Credit CLO ETF $PCMM

Capital Investment Advisory Services LLC acquired a new position in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 3rd quarter, Holdings Channel reports. The fund acquired 14,301 shares of the company’s stock, valued at approximately $723,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PCMM. Envestnet Asset Management Inc. increased its position in BondBloxx Private Credit CLO ETF by 956.9% in the third quarter. Envestnet Asset Management Inc. now owns 149,137 shares of the company’s stock worth $7,542,000 after purchasing an additional 135,026 shares during the last quarter. Lord & Richards Wealth Management LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF in the 3rd quarter worth about $2,209,000. Carrera Capital Advisors raised its position in shares of BondBloxx Private Credit CLO ETF by 8.0% during the 3rd quarter. Carrera Capital Advisors now owns 591,252 shares of the company’s stock valued at $29,900,000 after buying an additional 43,784 shares in the last quarter. Mutual Advisors LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the 3rd quarter valued at about $977,000. Finally, Impact Partnership Wealth LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the 3rd quarter valued at about $653,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ PCMM opened at $50.27 on Friday. BondBloxx Private Credit CLO ETF has a 1-year low of $48.38 and a 1-year high of $52.02. The business’s 50 day moving average is $50.18 and its two-hundred day moving average is $50.36.

BondBloxx Private Credit CLO ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2648 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 6.3%.

BondBloxx Private Credit CLO ETF Company Profile

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.