Palmer Square CLO Senior Debt ETF $PSQA Shares Newly Bought by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new stake in shares of Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,193 shares of the company’s stock, valued at approximately $580,000. Partners Wealth Management LLC owned 0.24% of Palmer Square CLO Senior Debt ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp purchased a new position in Palmer Square CLO Senior Debt ETF in the 1st quarter worth approximately $30,000. Endeavor Private Wealth Inc. lifted its position in Palmer Square CLO Senior Debt ETF by 18.6% in the second quarter. Endeavor Private Wealth Inc. now owns 16,488 shares of the company’s stock valued at $337,000 after purchasing an additional 2,580 shares during the last quarter. Bull Harbor Capital LLC bought a new stake in Palmer Square CLO Senior Debt ETF in the first quarter valued at approximately $422,000. Canvas Wealth Advisors LLC purchased a new stake in shares of Palmer Square CLO Senior Debt ETF during the first quarter valued at approximately $944,000. Finally, FAS Wealth Partners Inc. boosted its stake in shares of Palmer Square CLO Senior Debt ETF by 473.7% during the first quarter. FAS Wealth Partners Inc. now owns 109,285 shares of the company’s stock valued at $2,234,000 after purchasing an additional 90,237 shares during the period.

Palmer Square CLO Senior Debt ETF Price Performance

NYSEARCA:PSQA opened at $20.66 on Friday. Palmer Square CLO Senior Debt ETF has a fifty-two week low of $19.90 and a fifty-two week high of $21.09. The business has a 50 day moving average price of $20.66 and a 200-day moving average price of $20.57.

Palmer Square CLO Senior Debt ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.2081 per share. The ex-dividend date was Thursday, September 24th. This represents a $0.83 dividend on an annualized basis and a yield of 4.0%. This is an increase from Palmer Square CLO Senior Debt ETF’s previous quarterly dividend of $0.1979.

About Palmer Square CLO Senior Debt ETF

The Palmer Square CLO Senior Debt ETF (PSQA) is an exchange-traded fund that is based on the Palmer Square CLO Senior Debt index. The fund tracks a market value-weighted index of floating rate, USD-denominated arbitrage collateralized loan obligations (CLOs) rated as AAA or AA by at least one of the major rating agencies. The fund specifically invests in the senior tranches of a CLO PSQA was launched on Sep 11, 2024 and is issued by Palmer Square.