WT Wealth Management Invests $1.78 Million in BondBloxx Private Credit CLO ETF $PCMM

WT Wealth Management bought a new stake in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 35,561 shares of the company’s stock, valued at approximately $1,782,000. WT Wealth Management owned about 0.92% of BondBloxx Private Credit CLO ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of PCMM. CWM LLC purchased a new position in BondBloxx Private Credit CLO ETF during the 3rd quarter worth approximately $34,000. Sentinel Pension Advisors LLC purchased a new stake in shares of BondBloxx Private Credit CLO ETF in the 4th quarter valued at $239,000. Avaii Wealth Management LLC increased its stake in shares of BondBloxx Private Credit CLO ETF by 18.1% in the fourth quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock worth $261,000 after acquiring an additional 798 shares during the period. Heck Capital Advisors LLC raised its holdings in shares of BondBloxx Private Credit CLO ETF by 25.6% during the third quarter. Heck Capital Advisors LLC now owns 5,377 shares of the company’s stock worth $272,000 after purchasing an additional 1,095 shares during the last quarter. Finally, United Advisor Group LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth $282,000.

BondBloxx Private Credit CLO ETF Stock Down 0.0%

Shares of PCMM opened at $49.44 on Tuesday. The business’s 50-day moving average is $49.58 and its two-hundred day moving average is $50.01. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.86 and a fifty-two week high of $51.72.

BondBloxx Private Credit CLO ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Investors of record on Friday, May 1st will be issued a dividend of $0.2791 per share. This represents a c) annualized dividend and a yield of 6.8%. This is a positive change from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend is Friday, May 1st.

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.