Golden State Wealth Management LLC Purchases 60,587 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Golden State Wealth Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 267.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,229 shares of the company’s stock after acquiring an additional 60,587 shares during the quarter. Golden State Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,234,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter worth approximately $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $3,541,000. Janney Montgomery Scott LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 111.0% in the second quarter. Janney Montgomery Scott LLC now owns 514,100 shares of the company’s stock worth $13,644,000 after purchasing an additional 270,485 shares in the last quarter. Truist Financial Corp increased its position in PIMCO Multi Sector Bond Active ETF by 41.9% during the second quarter. Truist Financial Corp now owns 195,573 shares of the company’s stock worth $5,191,000 after buying an additional 57,786 shares during the last quarter. Finally, Foundry Financial Group Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 2.2% during the second quarter. Foundry Financial Group Inc. now owns 61,199 shares of the company’s stock worth $1,624,000 after buying an additional 1,305 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.84 on Thursday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock’s 50-day moving average is $26.79 and its two-hundred day moving average is $26.72.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.13 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. 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.

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.