BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Declares $0.26 Monthly Dividend

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) declared a monthly dividend on Monday, February 2nd, NASDAQ Dividends reports. Stockholders of record on Monday, February 2nd will be paid a dividend of 0.2648 per share on Thursday, February 5th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, February 2nd.

BondBloxx Private Credit CLO ETF Price Performance

Shares of BondBloxx Private Credit CLO ETF stock traded down $0.03 on Monday, reaching $50.35. The stock had a trading volume of 34,483 shares, compared to its average volume of 49,966. The business’s 50-day moving average price is $50.18 and its two-hundred day moving average price is $50.37. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.02.

Hedge Funds Weigh In On BondBloxx Private Credit CLO ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PCMM. CWM LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF in the third quarter valued at $34,000. Bulwark Capital Corp bought a new stake in BondBloxx Private Credit CLO ETF during the 3rd quarter worth about $116,000. Steward Partners Investment Advisory LLC acquired a new stake in BondBloxx Private Credit CLO ETF in the 2nd quarter valued at about $173,000. Avaii Wealth Management LLC acquired a new stake in BondBloxx Private Credit CLO ETF in the 3rd quarter valued at about $223,000. Finally, Sentinel Pension Advisors LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the fourth quarter worth about $239,000.

About BondBloxx Private Credit CLO ETF

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.