Carrera Capital Advisors Sells 34,722 Shares of BondBloxx Private Credit CLO ETF $PCMM

Carrera Capital Advisors lowered its stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 6.0% during the second quarter, HoldingsChannel.com reports. The firm owned 547,468 shares of the company’s stock after selling 34,722 shares during the period. BondBloxx Private Credit CLO ETF comprises approximately 5.6% of Carrera Capital Advisors’ holdings, making the stock its 4th biggest holding. Carrera Capital Advisors owned approximately 0.21% of BondBloxx Private Credit CLO ETF worth $27,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Gradient Investments LLC raised its stake in BondBloxx Private Credit CLO ETF by 6.4% during the second quarter. Gradient Investments LLC now owns 552,157 shares of the company’s stock worth $27,818,000 after purchasing an additional 33,373 shares during the period. Mattson Financial Services LLC raised its stake in BondBloxx Private Credit CLO ETF by 5.7% during the second quarter. Mattson Financial Services LLC now owns 62,844 shares of the company’s stock worth $3,166,000 after purchasing an additional 3,388 shares during the period. Fullcircle Wealth LLC raised its stake in BondBloxx Private Credit CLO ETF by 67.6% during the first quarter. Fullcircle Wealth LLC now owns 43,173 shares of the company’s stock worth $2,189,000 after purchasing an additional 17,409 shares during the period. Prime Capital Investment Advisors LLC purchased a new position in BondBloxx Private Credit CLO ETF during the second quarter worth approximately $1,865,000. Finally, Magnus Financial Group LLC raised its stake in BondBloxx Private Credit CLO ETF by 30.8% during the second quarter. Magnus Financial Group LLC now owns 27,541 shares of the company’s stock worth $1,388,000 after purchasing an additional 6,481 shares during the period.

BondBloxx Private Credit CLO ETF Stock Up 0.2%

NASDAQ:PCMM opened at $50.38 on Friday. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.73. The firm’s 50 day moving average is $50.48 and its two-hundred day moving average is $50.49.

BondBloxx Private Credit CLO ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors 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) annualized dividend 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.