Kingsview Wealth Management LLC Increases Stock Position in BondBloxx Private Credit CLO ETF $PCMM

Kingsview Wealth Management LLC raised its holdings in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 99.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 28,088 shares of the company’s stock after purchasing an additional 14,024 shares during the quarter. Kingsview Wealth Management LLC’s holdings in BondBloxx Private Credit CLO ETF were worth $1,408,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sentinel Pension Advisors LLC purchased a new stake in BondBloxx Private Credit CLO ETF in the 4th quarter valued at approximately $239,000. Avaii Wealth Management LLC boosted its holdings in BondBloxx Private Credit CLO ETF by 18.1% in 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 in the last quarter. United Advisor Group LLC purchased a new stake in BondBloxx Private Credit CLO ETF in the 4th quarter valued at approximately $282,000. Heck Capital Advisors LLC boosted its holdings in BondBloxx Private Credit CLO ETF by 9.9% in 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 in the last quarter. Finally, Brucke Financial Inc. purchased a new stake in BondBloxx Private Credit CLO ETF in the 3rd quarter valued at approximately $339,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of PCMM opened at $49.58 on Monday. BondBloxx Private Credit CLO ETF has a twelve month low of $48.86 and a twelve month high of $51.72. The stock’s 50 day moving average is $49.50 and its two-hundred day moving average is $49.92.

BondBloxx Private Credit CLO ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.2791 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 6.8%. This is a boost from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.23.

BondBloxx Private Credit CLO ETF 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.