Janney Montgomery Scott LLC Has $1.62 Million Stock Holdings in BondBloxx Private Credit CLO ETF $PCMM

Janney Montgomery Scott LLC increased its holdings in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 159.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,934 shares of the company’s stock after buying an additional 20,258 shares during the quarter. Janney Montgomery Scott LLC owned 0.81% of BondBloxx Private Credit CLO ETF worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada purchased a new position in BondBloxx Private Credit CLO ETF during the 4th quarter valued at about $64,000. Wealth Preservation Advisors LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth approximately $70,000. Sentinel Pension Advisors LLC acquired a new stake in shares of BondBloxx Private Credit CLO ETF during the fourth quarter worth approximately $239,000. Brady Martz Wealth Solutions LLC purchased a new position in BondBloxx Private Credit CLO ETF during the first quarter valued at approximately $245,000. Finally, Avaii Wealth Management LLC increased its stake in BondBloxx Private Credit CLO ETF by 18.1% in the 4th quarter. Avaii Wealth Management LLC now owns 5,206 shares of the company’s stock valued at $261,000 after buying an additional 798 shares during the period.

BondBloxx Private Credit CLO ETF Trading Up 0.2%

PCMM stock opened at $49.72 on Friday. The company has a 50 day moving average of $49.72 and a two-hundred day moving average of $49.83. BondBloxx Private Credit CLO ETF has a 12-month low of $48.86 and a 12-month high of $51.09.

BondBloxx Private Credit CLO ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2555 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 6.2%.

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.