MGO One Seven LLC Invests $3.68 Million in PIMCO Multi Sector Bond Active ETF $PYLD

MGO One Seven LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, HoldingsChannel.com reports. The firm acquired 137,103 shares of the company’s stock, valued at approximately $3,680,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mark Sheptoff Financial Planning LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares in the last quarter. Mather Group LLC. bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $32,000. MTM Investment Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the second quarter valued at $60,000. Cranbrook Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $130,000. Finally, Redwood Park Advisors LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 38.7% in the 2nd quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after buying an additional 1,536 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.80 on Wednesday. The business has a 50-day simple moving average of $26.77 and a two-hundred day simple moving average of $26.69. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This is a positive change from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. 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.