Krilogy Financial LLC Has $87.55 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Krilogy Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,276,670 shares of the company’s stock after buying an additional 664,808 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.3% of Krilogy Financial LLC’s portfolio, making the stock its 2nd biggest holding. Krilogy Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $87,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter worth $297,000. Jane Street Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at $3,541,000. Concurrent Investment Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth about $375,000. Concord Asset Management LLC VA purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth about $712,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 107.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 567,539 shares of the company’s stock worth $15,062,000 after purchasing an additional 293,793 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.85 on Wednesday. The company has a 50-day simple moving average of $26.78 and a two-hundred day simple moving average of $26.75. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

PIMCO Multi Sector Bond Active ETF Company 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.