Lake Street Private Wealth LLC Invests $5.62 Million in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO)

Lake Street Private Wealth LLC bought a new position in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) during the first quarter, HoldingsChannel.com reports. The fund bought 277,113 shares of the company’s stock, valued at approximately $5,620,000. Lake Street Private Wealth LLC owned approximately 0.14% of Palmer Square Credit Opportunities ETF as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. Global Wealth Strategies & Associates bought a new position in Palmer Square Credit Opportunities ETF during the 1st quarter valued at about $43,000. Jane Street Group LLC purchased a new stake in Palmer Square Credit Opportunities ETF in the 4th quarter valued at about $226,000. Finally, Advisory Resource Group lifted its position in shares of Palmer Square Credit Opportunities ETF by 423.1% in the 4th quarter. Advisory Resource Group now owns 797,821 shares of the company’s stock worth $16,072,000 after purchasing an additional 645,299 shares during the period.

Palmer Square Credit Opportunities ETF Stock Up 0.0%

Shares of PSQO opened at $20.53 on Thursday. The company has a 50 day moving average price of $20.31 and a 200-day moving average price of $20.32. Palmer Square Credit Opportunities ETF has a fifty-two week low of $20.00 and a fifty-two week high of $20.65.

Palmer Square Credit Opportunities ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were paid a dividend of $0.2021 per share. The ex-dividend date was Tuesday, March 25th.

About Palmer Square Credit Opportunities ETF

The Palmer Square Credit Opportunities ETF (PSQO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks high current income and long-term capital growth through an actively managed portfolio that holds debt securities of any credit rating and maturity issued by governments and corporations from around the globe.