Private Trust Co. NA Raises Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Private Trust Co. NA boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 190.9% during the third quarter, Holdings Channel.com reports. The firm owned 42,116 shares of the company’s stock after purchasing an additional 27,639 shares during the quarter. Private Trust Co. NA’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,130,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compound Planning Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $246,000. Kestra Advisory Services LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 68.9% in the 1st quarter. Kestra Advisory Services LLC now owns 38,316 shares of the company’s stock worth $1,010,000 after buying an additional 15,634 shares during the last quarter. Ieq Capital LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $1,074,000. TD Capital Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 98.4% during the first quarter. TD Capital Management LLC now owns 10,342 shares of the company’s stock valued at $273,000 after acquiring an additional 5,130 shares during the last quarter. Finally, Palo Alto Wealth Advisors LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 10.7% in the first quarter. Palo Alto Wealth Advisors LLC now owns 11,462 shares of the company’s stock valued at $298,000 after acquiring an additional 1,112 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3%

NYSEARCA PYLD opened at $26.84 on Friday. The firm’s fifty day simple moving average is $26.80 and its two-hundred day simple moving average is $26.64. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were paid a dividend of $0.1069 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date was Wednesday, December 10th.

About PIMCO Multi Sector Bond Active ETF

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.