Atwood & Palmer Inc. Increases Stock Position in Palmer Square Credit Opportunities ETF $PSQO

Atwood & Palmer Inc. boosted its position in shares of Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,153,188 shares of the company’s stock after purchasing an additional 104,210 shares during the quarter. Palmer Square Credit Opportunities ETF comprises about 2.4% of Atwood & Palmer Inc.’s holdings, making the stock its 11th biggest holding. Atwood & Palmer Inc. owned 0.14% of Palmer Square Credit Opportunities ETF worth $44,270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Endeavor Private Wealth Inc. raised its holdings 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 worth $338,000 after buying an additional 2,734 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in shares of Palmer Square Credit Opportunities ETF during the second quarter valued at approximately $202,000. Finally, Advisory Resource Group increased its position in shares of Palmer Square Credit Opportunities ETF by 27.5% during the fourth quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock valued at $22,861,000 after acquiring an additional 239,387 shares in the last quarter.

Palmer Square Credit Opportunities ETF Price Performance

NYSEARCA PSQO traded down $0.03 during mid-day trading on Thursday, reaching $20.53. The stock had a trading volume of 59,597 shares, compared to its average volume of 76,438. Palmer Square Credit Opportunities ETF has a 1 year low of $19.76 and a 1 year high of $21.53. The company has a fifty day moving average price of $20.77 and a 200 day moving average price of $20.73.

Palmer Square Credit Opportunities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.2675 dividend. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change 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.