Crews Bank & Trust Buys Shares of 800 BondBloxx Private Credit CLO ETF $PCMM

Crews Bank & Trust purchased a new position in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) in the second quarter, HoldingsChannel reports. The firm purchased 800 shares of the company’s stock, valued at approximately $40,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PCMM. Financial Partners Group Inc raised its holdings in BondBloxx Private Credit CLO ETF by 3.1% in the 2nd quarter. Financial Partners Group Inc now owns 17,797 shares of the company’s stock valued at $897,000 after buying an additional 543 shares during the period. Fortress Wealth Management Inc. lifted its holdings in shares of BondBloxx Private Credit CLO ETF by 13.9% in the 2nd quarter. Fortress Wealth Management Inc. now owns 19,151 shares of the company’s stock worth $965,000 after acquiring an additional 2,344 shares during the last quarter. Paladin Wealth LLC boosted its position in shares of BondBloxx Private Credit CLO ETF by 15.4% during the 2nd quarter. Paladin Wealth LLC now owns 19,345 shares of the company’s stock worth $975,000 after purchasing an additional 2,580 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF during the 1st quarter worth approximately $217,000. Finally, Magnus Financial Group LLC increased its holdings in BondBloxx Private Credit CLO ETF by 30.8% in the 2nd quarter. Magnus Financial Group LLC now owns 27,541 shares of the company’s stock valued at $1,388,000 after purchasing an additional 6,481 shares during the last quarter.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ PCMM opened at $50.39 on Friday. The business’s 50 day moving average is $50.56 and its two-hundred day moving average is $50.53. BondBloxx Private Credit CLO ETF has a 52-week low of $48.38 and a 52-week high of $52.73.

BondBloxx Private Credit CLO ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.2783 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 6.6%.

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.