WT Wealth Management Takes $1.78 Million Position in BondBloxx Private Credit CLO ETF $PCMM

WT Wealth Management bought a new stake in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 35,561 shares of the company’s stock, valued at approximately $1,782,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PCMM. Mutual Advisors LLC increased its holdings in BondBloxx Private Credit CLO ETF by 14.4% in the fourth quarter. Mutual Advisors LLC now owns 22,226 shares of the company’s stock valued at $1,114,000 after buying an additional 2,804 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter worth about $1,192,000. United Advisor Group LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at about $282,000. CWM LLC grew its position in shares of BondBloxx Private Credit CLO ETF by 2,986.6% during the 4th quarter. CWM LLC now owns 20,464 shares of the company’s stock valued at $1,026,000 after acquiring an additional 19,801 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF in the 4th quarter valued at about $1,526,000.

BondBloxx Private Credit CLO ETF Stock Down 0.0%

NASDAQ PCMM opened at $49.44 on Tuesday. The stock has a 50-day moving average of $49.58 and a 200 day moving average of $50.01. BondBloxx Private Credit CLO ETF has a twelve month low of $48.86 and a twelve month high of $51.72.

BondBloxx Private Credit CLO ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be paid a dividend of $0.2791 per share. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, May 1st. This is a positive change from BondBloxx Private Credit CLO ETF’s previous monthly 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.