BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) Shares Break Above 50-Day Moving Average – Time to Sell?

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $49.89 and traded as high as $50.08. BondBloxx Private Credit CLO ETF shares last traded at $49.90, with a volume of 33,691 shares.

BondBloxx Private Credit CLO ETF Price Performance

The company’s 50-day moving average is $49.89 and its 200 day moving average is $49.80.

Institutional Trading of BondBloxx Private Credit CLO ETF

A number of hedge funds have recently bought and sold shares of PCMM. Lido Advisors LLC bought a new position in shares of BondBloxx Private Credit CLO ETF during the 3rd quarter worth $1,496,000. S&A Financial Services Inc. lifted its position in BondBloxx Private Credit CLO ETF by 12.2% during the 3rd quarter. S&A Financial Services Inc. now owns 18,957 shares of the company’s stock worth $948,000 after acquiring an additional 2,055 shares during the last quarter. Compass Financial Management LLC increased its stake in BondBloxx Private Credit CLO ETF by 2.4% in the third quarter. Compass Financial Management LLC now owns 41,425 shares of the company’s stock valued at $2,073,000 after purchasing an additional 979 shares in the last quarter. Partners Wealth Management LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the 3rd quarter worth approximately $876,000. Finally, Balance Wealth Partners LLC increased its stake in BondBloxx Private Credit CLO ETF by 2.1% in the 3rd quarter. Balance Wealth Partners LLC now owns 61,370 shares of the company’s stock valued at $3,070,000 after buying an additional 1,248 shares during the last quarter.

BondBloxx Private Credit CLO ETF Company Profile

(Get Free Report)

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.

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