LexAurum Advisors LLC Has $17.53 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

LexAurum Advisors LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 20.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 653,090 shares of the company’s stock after acquiring an additional 109,858 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 2.5% of LexAurum Advisors LLC’s investment portfolio, making the stock its 9th largest position. LexAurum Advisors LLC owned 0.20% of PIMCO Multi Sector Bond Active ETF worth $17,529,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.7% during the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock worth $305,589,000 after purchasing an additional 2,425,695 shares during the period. Sequoia Financial Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 68.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after purchasing an additional 3,099,332 shares during the period. Envestnet Asset Management Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 48.2% in the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after purchasing an additional 2,368,593 shares during the last quarter. Retirement Planning Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 11.0% during the third quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock valued at $142,304,000 after buying an additional 524,508 shares during the period. Finally, AE Wealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 5.1% during the third quarter. AE Wealth Management LLC now owns 4,762,716 shares of the company’s stock valued at $127,831,000 after buying an additional 231,238 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of NYSEARCA PYLD opened at $26.77 on Monday. 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 business’s 50 day moving average price is $26.77 and its 200-day moving average price is $26.74.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.12 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.4%.

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.