BondBloxx Private Credit CLO ETF to Issue Monthly Dividend of $0.26 (NASDAQ:PCMM)

by · The Cerbat Gem

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM – Get Free Report) announced a monthly dividend on Monday, February 2nd, NASDAQ Dividends reports. Stockholders of record on Monday, February 2nd will be paid a dividend of 0.2648 per share on Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Monday, February 2nd.

BondBloxx Private Credit CLO ETF Trading Down 0.1%

Shares of NASDAQ:PCMM traded down $0.03 during midday trading on Monday, reaching $50.35. 34,483 shares of the company were exchanged, compared to its average volume of 49,966. 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 fifty day simple moving average of $50.18 and a two-hundred day simple moving average of $50.37.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. WT Wealth Management acquired a new position in shares of BondBloxx Private Credit CLO ETF during the 4th quarter worth about $1,782,000. Mutual Advisors LLC raised its holdings in BondBloxx Private Credit CLO ETF by 14.4% during the fourth quarter. Mutual Advisors LLC now owns 22,226 shares of the company’s stock worth $1,114,000 after acquiring an additional 2,804 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in BondBloxx Private Credit CLO ETF during the fourth quarter worth about $1,192,000. United Advisor Group LLC acquired a new position in BondBloxx Private Credit CLO ETF during the fourth quarter valued at approximately $282,000. Finally, CWM LLC grew its stake in BondBloxx Private Credit CLO ETF by 2,986.6% in the fourth quarter. CWM LLC now owns 20,464 shares of the company’s stock valued at $1,026,000 after purchasing an additional 19,801 shares in the last quarter.

About BondBloxx Private Credit CLO ETF

(Get Free Report)

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.

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