6,267,802 BondBloxx Private Credit CLO ETF $PCMM Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its position in shares of BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) by 93.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 457,942 shares of the company’s stock after selling 6,267,802 shares during the period. Gradient Investments LLC owned about 0.09% of BondBloxx Private Credit CLO ETF worth $22,911,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of PCMM. Integrated Wealth Concepts LLC bought a new position in BondBloxx Private Credit CLO ETF in the second quarter valued at about $40,000. GoalVest Advisory LLC bought a new position in BondBloxx Private Credit CLO ETF in the 3rd quarter valued at approximately $65,000. Wealth Preservation Advisors LLC acquired a new stake in BondBloxx Private Credit CLO ETF during the 4th quarter worth approximately $70,000. Royal Bank of Canada boosted its position in BondBloxx Private Credit CLO ETF by 31.4% during the 1st quarter. Royal Bank of Canada now owns 1,668 shares of the company’s stock worth $82,000 after buying an additional 399 shares during the period. Finally, NewEdge Advisors LLC bought a new stake in BondBloxx Private Credit CLO ETF during the 2nd quarter worth approximately $142,000.

BondBloxx Private Credit CLO ETF Price Performance

Shares of PCMM stock traded up $0.03 during trading hours on Thursday, hitting $49.88. 13,477 shares of the company’s stock traded hands, compared to its average volume of 42,526. The stock’s 50 day simple moving average is $49.83 and its 200 day simple moving average is $49.69. BondBloxx Private Credit CLO ETF has a 12 month low of $48.86 and a 12 month high of $51.14.

BondBloxx Private Credit CLO ETF 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.