WT Wealth Management Buys 49,608 Shares of BondBloxx Private Credit CLO ETF $PCMM

WT Wealth Management boosted its stake in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 139.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,169 shares of the company’s stock after buying an additional 49,608 shares during the quarter. BondBloxx Private Credit CLO ETF makes up about 1.2% of WT Wealth Management’s investment portfolio, making the stock its 24th largest position. WT Wealth Management owned 2.09% of BondBloxx Private Credit CLO ETF worth $4,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of PCMM. Gradient Investments LLC boosted its stake in shares of BondBloxx Private Credit CLO ETF by 11.9% in the 4th quarter. Gradient Investments LLC now owns 664,662 shares of the company’s stock valued at $33,313,000 after purchasing an additional 70,773 shares in the last quarter. &PARTNERS increased its holdings in BondBloxx Private Credit CLO ETF by 14.1% during the 4th quarter. &PARTNERS now owns 139,373 shares of the company’s stock valued at $6,985,000 after purchasing an additional 17,275 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of BondBloxx Private Credit CLO ETF by 8.4% in the third quarter. Orion Porfolio Solutions LLC now owns 123,941 shares of the company’s stock valued at $6,268,000 after buying an additional 9,609 shares during the last quarter. Northland Capital Management LLC lifted its position in shares of BondBloxx Private Credit CLO ETF by 6.1% during the fourth quarter. Northland Capital Management LLC now owns 90,889 shares of the company’s stock worth $4,555,000 after purchasing an additional 5,212 shares in the last quarter. Finally, Mattson Financial Services LLC increased its stake in shares of BondBloxx Private Credit CLO ETF by 15.4% in the 4th quarter. Mattson Financial Services LLC now owns 76,360 shares of the company’s stock valued at $3,827,000 after buying an additional 10,215 shares during the period.

BondBloxx Private Credit CLO ETF Price Performance

PCMM opened at $49.90 on Friday. The firm has a 50 day simple moving average of $49.65 and a 200 day simple moving average of $49.85. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.86 and a fifty-two week high of $51.09.

BondBloxx Private Credit CLO ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.2631 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from BondBloxx Private Credit CLO ETF’s previous dividend of $0.23.

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.