BondBloxx Private Credit CLO ETF $PCMM is Carrera Capital Advisors’ 4th Largest Position

Carrera Capital Advisors lifted its stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 8.0% during the third quarter, HoldingsChannel.com reports. The firm owned 591,252 shares of the company’s stock after purchasing an additional 43,784 shares during the quarter. BondBloxx Private Credit CLO ETF makes up 5.4% of Carrera Capital Advisors’ portfolio, making the stock its 4th largest position. Carrera Capital Advisors owned about 0.17% of BondBloxx Private Credit CLO ETF worth $29,900,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. CWM LLC purchased a new position in BondBloxx Private Credit CLO ETF during the 3rd quarter valued at about $34,000. Crews Bank & Trust bought a new position in shares of BondBloxx Private Credit CLO ETF in the second quarter valued at approximately $40,000. Bulwark Capital Corp purchased a new position in BondBloxx Private Credit CLO ETF during the third quarter valued at approximately $116,000. Steward Partners Investment Advisory LLC bought a new stake in BondBloxx Private Credit CLO ETF during the 2nd quarter worth approximately $173,000. Finally, Avaii Wealth Management LLC bought a new stake in BondBloxx Private Credit CLO ETF during the 3rd quarter worth approximately $223,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ:PCMM opened at $50.38 on Friday. The firm has a fifty day moving average price of $50.18 and a two-hundred day moving average price of $50.37. BondBloxx Private Credit CLO ETF has a one year low of $48.38 and a one year high of $52.02.

BondBloxx Private Credit CLO ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were paid a dividend of $0.2769 per share. This is a positive change from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.