Capital Investment Advisory Services LLC Takes $723,000 Position in BondBloxx Private Credit CLO ETF $PCMM

Capital Investment Advisory Services LLC acquired a new position in BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,301 shares of the company’s stock, valued at approximately $723,000. Capital Investment Advisory Services LLC owned 0.42% of BondBloxx Private Credit CLO ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. CWM LLC bought a new position in BondBloxx Private Credit CLO ETF in the third quarter worth approximately $34,000. Bulwark Capital Corp purchased a new stake in shares of BondBloxx Private Credit CLO ETF in the 3rd quarter worth $116,000. Steward Partners Investment Advisory LLC bought a new position in BondBloxx Private Credit CLO ETF in the 2nd quarter worth $173,000. Avaii Wealth Management LLC bought a new position in BondBloxx Private Credit CLO ETF in the 3rd quarter worth $223,000. Finally, Heck Capital Advisors LLC lifted its position in BondBloxx Private Credit CLO ETF by 25.6% during the third quarter. Heck Capital Advisors LLC now owns 5,377 shares of the company’s stock valued at $272,000 after purchasing an additional 1,095 shares in the last quarter.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of PCMM opened at $50.27 on Friday. The business has a 50-day simple moving average of $50.18 and a two-hundred day simple moving average of $50.36. BondBloxx Private Credit CLO ETF has a 52 week low of $48.38 and a 52 week high of $52.02.

BondBloxx Private Credit CLO ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2648 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.3%.

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.