Balance Wealth LLC Grows Stock Position in BondBloxx Private Credit CLO ETF $PCMM

Balance Wealth LLC boosted its stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 271.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 50,105 shares of the company’s stock after buying an additional 36,604 shares during the quarter. BondBloxx Private Credit CLO ETF accounts for 1.5% of Balance Wealth LLC’s portfolio, making the stock its 16th biggest position. Balance Wealth LLC’s holdings in BondBloxx Private Credit CLO ETF were worth $2,524,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Crews Bank & Trust bought a new stake in BondBloxx Private Credit CLO ETF in the second quarter valued at approximately $40,000. Steward Partners Investment Advisory LLC bought a new position in shares of BondBloxx Private Credit CLO ETF in the second quarter worth approximately $173,000. Heck Capital Advisors LLC purchased a new position in shares of BondBloxx Private Credit CLO ETF in the first quarter worth $217,000. Weaver Consulting Group bought a new stake in BondBloxx Private Credit CLO ETF during the 2nd quarter valued at $413,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in BondBloxx Private Credit CLO ETF by 16.8% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,949 shares of the company’s stock valued at $451,000 after buying an additional 1,287 shares during the last quarter.

BondBloxx Private Credit CLO ETF Price Performance

Shares of PCMM opened at $50.13 on Friday. BondBloxx Private Credit CLO ETF has a twelve month low of $48.38 and a twelve month high of $52.73. The firm has a fifty day simple moving average of $50.29 and a two-hundred day simple moving average of $50.48.

BondBloxx Private Credit CLO ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.255 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Monday, December 1st.

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.