Tounjian Advisory Partners LLC Trims Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Tounjian Advisory Partners LLC trimmed its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 77.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,290 shares of the company’s stock after selling 242,826 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,887,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second 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 during the last quarter. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $32,000. MTM Investment Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth $60,000. Founders Financial Alliance LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $88,000. Finally, Colonial Trust Co SC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $102,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.93 on Friday. 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 firm’s 50-day simple moving average is $26.82 and its 200-day simple moving average is $26.78.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend 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.