Prime Capital Investment Advisors LLC Buys Shares of 37,026 BondBloxx Private Credit CLO ETF $PCMM

Prime Capital Investment Advisors LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 37,026 shares of the company’s stock, valued at approximately $1,865,000. Prime Capital Investment Advisors LLC owned approximately 1.39% of BondBloxx Private Credit CLO ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Balance Wealth LLC purchased a new position in BondBloxx Private Credit CLO ETF during the 1st quarter valued at about $687,000. Fortress Wealth Management Inc. purchased a new position in BondBloxx Private Credit CLO ETF during the 1st quarter valued at about $855,000. Gradient Investments LLC grew its stake in BondBloxx Private Credit CLO ETF by 6.4% during the 2nd quarter. Gradient Investments LLC now owns 552,157 shares of the company’s stock valued at $27,818,000 after acquiring an additional 33,373 shares in the last quarter. Mattson Financial Services LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF in the 1st quarter valued at approximately $3,025,000. Finally, Oregon Pacific Wealth Management LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF in the 1st quarter valued at approximately $1,333,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ PCMM opened at $50.39 on Thursday. The business has a 50 day simple moving average of $50.54 and a 200 day simple moving average of $50.52. BondBloxx Private Credit CLO ETF has a 52 week low of $48.38 and a 52 week high of $52.73.

BondBloxx Private Credit CLO ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.2783 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%.

BondBloxx Private Credit CLO ETF 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.