23,238 Shares in BondBloxx Private Credit CLO ETF $PCMM Bought by Kirtland Hills Capital Management LLC

Kirtland Hills Capital Management LLC bought a new stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 23,238 shares of the company’s stock, valued at approximately $556,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PCMM. Royal Bank of Canada bought a new stake in shares of BondBloxx Private Credit CLO ETF in the 4th quarter valued at approximately $64,000. Wealth Preservation Advisors LLC acquired a new position in shares of BondBloxx Private Credit CLO ETF in the 4th quarter worth approximately $70,000. Brady Martz Wealth Solutions LLC bought a new position in shares of BondBloxx Private Credit CLO ETF during the 1st quarter worth approximately $245,000. Focused Alpha LLC bought a new position in shares of BondBloxx Private Credit CLO ETF during the 4th quarter worth approximately $300,000. Finally, Kestra Private Wealth Services LLC bought a new position in shares of BondBloxx Private Credit CLO ETF during the 1st quarter worth approximately $325,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of NASDAQ PCMM opened at $49.82 on Friday. The business has a fifty day moving average of $49.79 and a two-hundred day moving average of $49.74. BondBloxx Private Credit CLO ETF has a 52-week low of $48.86 and a 52-week high of $51.09.

BondBloxx Private Credit CLO ETF Increases Dividend

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

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.