Compass Financial Management LLC Acquires Shares of 40,446 BondBloxx Private Credit CLO ETF $PCMM

Compass Financial Management LLC bought a new position in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 40,446 shares of the company’s stock, valued at approximately $2,010,000.

Several other institutional investors and hedge funds have also made changes to their positions in PCMM. Heck Capital Advisors LLC boosted its stake in shares of BondBloxx Private Credit CLO ETF by 25.9% during the second quarter. Heck Capital Advisors LLC now owns 7,743 shares of the company’s stock valued at $386,000 after purchasing an additional 1,593 shares during the period. Green Ridge Wealth Planning LLC increased its stake in BondBloxx Private Credit CLO ETF by 166.0% in the 2nd quarter. Green Ridge Wealth Planning LLC now owns 26,099 shares of the company’s stock worth $1,302,000 after buying an additional 16,287 shares during the period. S&A Financial Services Inc. purchased a new position in BondBloxx Private Credit CLO ETF in the 1st quarter worth about $656,000. Royal Bank of Canada lifted its holdings in BondBloxx Private Credit CLO ETF by 31.4% during the 1st quarter. Royal Bank of Canada now owns 1,668 shares of the company’s stock valued at $82,000 after buying an additional 399 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its holdings in BondBloxx Private Credit CLO ETF by 6.3% during the 1st quarter. NewEdge Wealth LLC now owns 96,500 shares of the company’s stock valued at $4,745,000 after buying an additional 5,705 shares in the last quarter.

BondBloxx Private Credit CLO ETF Price Performance

BondBloxx Private Credit CLO ETF stock opened at $49.82 on Friday. The firm has a 50-day moving average of $49.79 and a two-hundred day moving average of $49.74. BondBloxx Private Credit CLO ETF has a 1 year low of $48.86 and a 1 year high of $51.09.

BondBloxx Private Credit CLO ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.2559 per share. This is a boost from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Monday, August 3rd.

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.