WT Wealth Management Has $4.19 Million Stock Position in BondBloxx Private Credit CLO ETF $PCMM

WT Wealth Management boosted its stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 139.5% in the first quarter, HoldingsChannel reports. The firm owned 85,169 shares of the company’s stock after purchasing an additional 49,608 shares during the quarter. BondBloxx Private Credit CLO ETF accounts for about 1.2% of WT Wealth Management’s holdings, making the stock its 24th largest holding. WT Wealth Management’s holdings in BondBloxx Private Credit CLO ETF were worth $4,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Savvy Advisors Inc. acquired a new position in shares of BondBloxx Private Credit CLO ETF during the 4th quarter worth approximately $1,281,000. Gradient Investments LLC raised its holdings in shares of BondBloxx Private Credit CLO ETF by 11.9% during the 4th quarter. Gradient Investments LLC now owns 664,662 shares of the company’s stock worth $33,313,000 after buying an additional 70,773 shares in the last quarter. Kingsview Wealth Management LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the third quarter worth about $711,000. Sanctuary Advisors LLC acquired a new stake in BondBloxx Private Credit CLO ETF in the fourth quarter valued at approximately $1,192,000. Finally, Vavra Capital Management LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the 4th quarter valued at $1,007,000.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of NASDAQ PCMM opened at $49.90 on Friday. BondBloxx Private Credit CLO ETF has a 52-week low of $48.86 and a 52-week high of $51.09. The firm has a 50 day moving average price of $49.65 and a two-hundred day moving average price of $49.85.

BondBloxx Private Credit CLO ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2631 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from BondBloxx Private Credit CLO ETF’s previous 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.