Pasadena Private Wealth LLC Has $15.82 Million Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Pasadena Private Wealth LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3,028.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 589,314 shares of the company’s stock after buying an additional 570,474 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 2.3% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 12th largest position. Pasadena Private Wealth LLC owned about 0.19% of PIMCO Multi Sector Bond Active ETF worth $15,817,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PYLD. Riverchase Wealth Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 21.0% in the 3rd quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after purchasing an additional 85,673 shares in the last quarter. GeoWealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 39.5% during the 2nd quarter. GeoWealth Management LLC now owns 1,444,498 shares of the company’s stock worth $38,337,000 after buying an additional 409,080 shares in the last quarter. RFG Holdings Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 18.5% during the 3rd quarter. RFG Holdings Inc. now owns 1,124,872 shares of the company’s stock worth $30,192,000 after buying an additional 175,387 shares during the last quarter. Bridgewealth Advisory Group LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 9.0% during the 3rd quarter. Bridgewealth Advisory Group LLC now owns 897,031 shares of the company’s stock worth $24,076,000 after buying an additional 73,751 shares during the last quarter. Finally, Bare Financial Services Inc boosted its stake in PIMCO Multi Sector Bond Active ETF by 3.0% in the second quarter. Bare Financial Services Inc now owns 478,385 shares of the company’s stock valued at $12,696,000 after buying an additional 14,123 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

PIMCO Multi Sector Bond Active ETF stock opened at $26.81 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 business’s 50-day moving average price is $26.77 and its two-hundred day moving average price is $26.68.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a dividend of $0.13 per share. This is a boost from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.8%.

PIMCO Multi Sector Bond Active ETF 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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.