Brown Financial Advisors Trims Stock Holdings in BondBloxx Private Credit CLO ETF $PCMM

Brown Financial Advisors lowered its stake in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 30.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,544 shares of the company’s stock after selling 16,186 shares during the period. Brown Financial Advisors owned 0.93% of BondBloxx Private Credit CLO ETF worth $1,823,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC purchased a new position in BondBloxx Private Credit CLO ETF in the 1st quarter valued at about $710,000. Impact Partnership Wealth LLC grew its holdings in shares of BondBloxx Private Credit CLO ETF by 46.4% during the first quarter. Impact Partnership Wealth LLC now owns 55,857 shares of the company’s stock worth $2,746,000 after buying an additional 17,703 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of BondBloxx Private Credit CLO ETF by 159.8% during the first quarter. Janney Montgomery Scott LLC now owns 32,934 shares of the company’s stock worth $1,619,000 after buying an additional 20,258 shares in the last quarter. S&A Financial Services Inc. acquired a new position in shares of BondBloxx Private Credit CLO ETF in the first quarter valued at approximately $656,000. Finally, Mattson Financial Services LLC raised its position in shares of BondBloxx Private Credit CLO ETF by 15.4% in the fourth quarter. Mattson Financial Services LLC now owns 76,360 shares of the company’s stock valued at $3,827,000 after buying an additional 10,215 shares during the last quarter.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of NASDAQ PCMM opened at $49.71 on Monday. BondBloxx Private Credit CLO ETF has a 1 year low of $48.86 and a 1 year high of $50.76. The firm’s 50 day moving average price is $49.78 and its 200 day moving average price is $49.70.

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.