Orion Porfolio Solutions LLC Grows Position in PIMCO Multi Sector Bond Active ETF $PYLD

Orion Porfolio Solutions LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 77.2% during the second quarter, HoldingsChannel.com reports. The fund owned 789,415 shares of the company’s stock after acquiring an additional 343,860 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $20,951,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 481 shares in the last quarter. MTM Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at $60,000. Redwood Park Advisors LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 38.7% during the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock valued at $146,000 after purchasing an additional 1,536 shares during the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 198.2% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 5,666 shares of the company’s stock worth $150,000 after buying an additional 3,766 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 48.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 5,774 shares of the company’s stock worth $153,000 after buying an additional 1,873 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $26.65 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04. The firm’s 50-day moving average price is $26.80 and its 200-day moving average price is $26.60.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 10th were paid a $0.1069 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Wednesday, December 10th.

PIMCO Multi Sector Bond Active ETF Company Profile

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a multi-sector portfolio of fixed income instruments issued by various US and non-US public or private-sector entities. The fund has no maturity and credit rating limitations.