Palmer Square Credit Opportunities ETF $PSQO Stock Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its position in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) by 4.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,511,479 shares of the company’s stock after buying an additional 118,231 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.17% of Palmer Square Credit Opportunities ETF worth $51,636,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Atwood & Palmer Inc. increased its stake 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 buying an additional 104,210 shares during the period. Endeavor Private Wealth Inc. lifted its holdings in Palmer Square Credit Opportunities ETF by 20.1% in the 2nd 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 in the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new position in Palmer Square Credit Opportunities ETF in the 2nd quarter valued at about $202,000.

Palmer Square Credit Opportunities ETF Stock Performance

NYSEARCA:PSQO traded up $0.01 on Tuesday, reaching $20.57. The stock had a trading volume of 17,966 shares, compared to its average volume of 74,720. The company has a 50-day moving average of $20.74 and a 200 day moving average of $20.73. Palmer Square Credit Opportunities ETF has a 12-month low of $19.76 and a 12-month high of $21.53.

Palmer Square Credit Opportunities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a dividend of $0.2675 per share. This is a boost from Palmer Square Credit Opportunities ETF’s previous quarterly dividend of $0.2409. The ex-dividend date was Thursday, September 24th. This represents a $1.07 dividend on an annualized basis and a yield of 5.2%.

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.