PIMCO Multi Sector Bond Active ETF $PYLD Stock Holdings Raised by Pinnacle Wealth Management LLC

Pinnacle Wealth Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 645,657 shares of the company’s stock after purchasing an additional 63,584 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 11.7% of Pinnacle Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Pinnacle Wealth Management LLC owned approximately 0.20% of PIMCO Multi Sector Bond Active ETF worth $17,329,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC lifted 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 acquiring an additional 481 shares during the last quarter. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter worth about $32,000. MTM Investment Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at $60,000. Founders Financial Alliance LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $88,000. Finally, Colonial Trust Co SC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at $102,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.91 on Thursday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The firm has a 50 day moving average price of $26.81 and a 200-day moving average price of $26.78.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given 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 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.