Thrivent Financial for Lutherans Buys Shares of 66,200 BondBloxx Private Credit CLO ETF $PCMM

Thrivent Financial for Lutherans bought a new stake in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 66,200 shares of the company’s stock, valued at approximately $3,318,000. Thrivent Financial for Lutherans owned 1.71% of BondBloxx Private Credit CLO ETF at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Sentinel Pension Advisors LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at $239,000. Avaii Wealth Management LLC raised its stake in shares of BondBloxx Private Credit CLO ETF by 18.1% during the 4th quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock valued at $261,000 after purchasing an additional 798 shares during the period. United Advisor Group LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at $282,000. Heck Capital Advisors LLC raised its stake in shares of BondBloxx Private Credit CLO ETF by 9.9% during the 4th quarter. Heck Capital Advisors LLC now owns 5,912 shares of the company’s stock valued at $297,000 after purchasing an additional 535 shares during the period. Finally, Brucke Financial Inc. bought a new stake in shares of BondBloxx Private Credit CLO ETF during the 3rd quarter valued at $339,000.

BondBloxx Private Credit CLO ETF Trading Up 0.2%

NASDAQ:PCMM opened at $49.68 on Friday. BondBloxx Private Credit CLO ETF has a 52-week low of $48.86 and a 52-week high of $51.72. The business’s fifty day moving average is $49.49 and its 200 day moving average is $49.94.

BondBloxx Private Credit CLO ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.2791 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Friday, May 1st. This is a positive change from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.23.

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.