Kirtland Hills Capital Management LLC Purchases New Position in BondBloxx Private Credit CLO ETF $PCMM

Kirtland Hills Capital Management LLC acquired a new position in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,238 shares of the company’s stock, valued at approximately $556,000. Kirtland Hills Capital Management LLC owned about 0.59% of BondBloxx Private Credit CLO ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the 4th quarter valued at approximately $1,192,000. Patriot Financial Group Insurance Agency LLC bought a new position in BondBloxx Private Credit CLO ETF during the first quarter worth $710,000. Janney Montgomery Scott LLC increased its position in BondBloxx Private Credit CLO ETF by 159.8% during the first quarter. Janney Montgomery Scott LLC now owns 32,934 shares of the company’s stock worth $1,619,000 after acquiring an additional 20,258 shares during the period. WT Wealth Management acquired a new position in BondBloxx Private Credit CLO ETF during the 4th quarter valued at $1,782,000. Finally, Impact Partnership Wealth LLC raised its stake in BondBloxx Private Credit CLO ETF by 46.4% during the 1st quarter. Impact Partnership Wealth LLC now owns 55,857 shares of the company’s stock valued at $2,746,000 after purchasing an additional 17,703 shares during the last quarter.

BondBloxx Private Credit CLO ETF Stock Performance

NASDAQ:PCMM opened at $49.82 on Friday. The firm’s 50-day moving average is $49.79 and its 200-day moving average is $49.74. BondBloxx Private Credit CLO ETF has a 52-week low of $48.86 and a 52-week high of $51.09.

BondBloxx Private Credit CLO ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.2559 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 6.2%. The ex-dividend date was Monday, August 3rd.

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.