BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Plans Dividend of $0.28

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) announced a dividend on Friday, May 1st, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be paid a dividend of 0.2791 per share on Wednesday, May 6th. The ex-dividend date of this dividend is Friday, May 1st. This is a 20.4% increase from BondBloxx Private Credit CLO ETF’s previous dividend of $0.23.

BondBloxx Private Credit CLO ETF Stock Down 1.0%

PCMM traded down $0.52 on Friday, hitting $49.24. The company’s stock had a trading volume of 8,624 shares, compared to its average volume of 39,746. BondBloxx Private Credit CLO ETF has a 12 month low of $48.86 and a 12 month high of $51.72. The company’s 50 day simple moving average is $49.58 and its 200-day simple moving average is $50.01.

Institutional Trading of BondBloxx Private Credit CLO ETF

A number of institutional investors have recently added to or reduced their stakes in PCMM. Lake Street Private Wealth LLC grew its stake in BondBloxx Private Credit CLO ETF by 1.4% during the fourth quarter. Lake Street Private Wealth LLC now owns 14,981 shares of the company’s stock valued at $751,000 after acquiring an additional 207 shares in the last quarter. Heck Capital Advisors LLC lifted its stake 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 worth $297,000 after purchasing an additional 535 shares in the last quarter. Stratos Investment Management LLC boosted its holdings in BondBloxx Private Credit CLO ETF by 5.1% in the 4th quarter. Stratos Investment Management LLC now owns 12,429 shares of the company’s stock valued at $623,000 after purchasing an additional 599 shares during the period. CWM LLC bought a new position in BondBloxx Private Credit CLO ETF in the 3rd quarter valued at $34,000. Finally, Avaii Wealth Management LLC grew its position in shares of BondBloxx Private Credit CLO ETF by 18.1% during 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.

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.