Prime Capital Investment Advisors LLC lifted its holdings in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO – Free Report) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,511,479 shares of the company’s stock after acquiring an additional 118,231 shares during the period. Prime Capital Investment Advisors LLC owned approximately 16.71% of Palmer Square Credit Opportunities ETF worth $51,636,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Atwood & Palmer Inc. boosted its position in Palmer Square Credit Opportunities ETF by 5.1% during the 3rd quarter. Atwood & Palmer Inc. now owns 2,153,188 shares of the company’s stock worth $44,270,000 after purchasing an additional 104,210 shares during the period. Endeavor Private Wealth Inc. raised its position in Palmer Square Credit Opportunities ETF by 20.1% in the second quarter. Endeavor Private Wealth Inc. now owns 16,359 shares of the company’s stock valued at $338,000 after purchasing an additional 2,734 shares during the period. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Palmer Square Credit Opportunities ETF during the second quarter worth about $202,000.
Palmer Square Credit Opportunities ETF Trading Up 0.0%
Shares of PSQO traded up $0.01 during midday trading on Tuesday, reaching $20.57. 17,966 shares of the company were exchanged, compared to its average volume of 74,720. Palmer Square Credit Opportunities ETF has a 1-year low of $19.76 and a 1-year high of $21.53. The stock has a 50-day moving average price of $20.74 and a 200-day moving average price of $20.73.
Palmer Square Credit Opportunities ETF Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a dividend of $0.2675 per share. This represents a $1.07 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Thursday, September 24th. This is an increase from Palmer Square Credit Opportunities ETF’s previous quarterly dividend of $0.2409.
Palmer Square Credit Opportunities ETF Company Profile
The Palmer Square Credit Opportunities ETF (PSQO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks high current income and long-term capital growth through an actively managed portfolio that holds debt securities of any credit rating and maturity issued by governments and corporations from around the globe. PSQO was launched on Sep 11, 2024 and is issued by Palmer Square.
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