43,673 Shares in BondBloxx Private Credit CLO ETF $PCMM Bought by Lord & Richards Wealth Management LLC

Lord & Richards Wealth Management LLC purchased a new stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) in the third quarter, Holdings Channel reports. The firm purchased 43,673 shares of the company’s stock, valued at approximately $2,209,000. BondBloxx Private Credit CLO ETF makes up about 2.0% of Lord & Richards Wealth Management LLC’s portfolio, making the stock its 12th biggest position.

A number of other large investors have also added to or reduced their stakes in the company. CWM LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF in the third quarter valued at about $34,000. Northland Capital Management LLC grew its stake in shares of BondBloxx Private Credit CLO ETF by 1.2% in the third quarter. Northland Capital Management LLC now owns 85,677 shares of the company’s stock worth $4,333,000 after purchasing an additional 983 shares during the last quarter. Heck Capital Advisors LLC grew its stake in shares of BondBloxx Private Credit CLO ETF by 25.6% in the third quarter. Heck Capital Advisors LLC now owns 5,377 shares of the company’s stock worth $272,000 after purchasing an additional 1,095 shares during the last quarter. Camarda Financial Advisors LLC increased its holdings in BondBloxx Private Credit CLO ETF by 4.2% during the 2nd quarter. Camarda Financial Advisors LLC now owns 32,098 shares of the company’s stock valued at $1,617,000 after purchasing an additional 1,282 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in BondBloxx Private Credit CLO ETF by 16.8% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,949 shares of the company’s stock valued at $451,000 after purchasing an additional 1,287 shares during the last quarter.

BondBloxx Private Credit CLO ETF Trading Down 0.1%

NASDAQ PCMM opened at $50.35 on Tuesday. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.02. The stock has a 50 day simple moving average of $50.18 and a two-hundred day simple moving average of $50.37.

BondBloxx Private Credit CLO ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be issued a $0.2648 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.3%.

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.