Weaver Consulting Group Purchases New Position in BondBloxx Private Credit CLO ETF $PCMM

Weaver Consulting Group acquired a new position in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,200 shares of the company’s stock, valued at approximately $413,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Carrera Capital Advisors acquired a new stake in BondBloxx Private Credit CLO ETF during the 1st quarter valued at $29,622,000. Gradient Investments LLC increased its stake in shares of BondBloxx Private Credit CLO ETF by 6.4% in the 2nd quarter. Gradient Investments LLC now owns 552,157 shares of the company’s stock valued at $27,818,000 after buying an additional 33,373 shares during the period. Mattson Financial Services LLC lifted its stake in shares of BondBloxx Private Credit CLO ETF by 5.7% during the second quarter. Mattson Financial Services LLC now owns 62,844 shares of the company’s stock valued at $3,166,000 after acquiring an additional 3,388 shares during the period. Inspire Advisors LLC acquired a new position in shares of BondBloxx Private Credit CLO ETF during the second quarter valued at $1,979,000. Finally, Prime Capital Investment Advisors LLC acquired a new stake in BondBloxx Private Credit CLO ETF in the second quarter worth about $1,865,000.

BondBloxx Private Credit CLO ETF Price Performance

PCMM opened at $50.36 on Thursday. The firm has a 50 day simple moving average of $50.35 and a 200 day simple moving average of $50.52. BondBloxx Private Credit CLO ETF has a fifty-two week low of $48.38 and a fifty-two week high of $52.73.

BondBloxx Private Credit CLO ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.2892 per share. This is a boost from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 6.9%.

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.