Puff Wealth Management LLC Makes New $882,000 Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Puff Wealth Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 33,024 shares of the company’s stock, valued at approximately $882,000. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.1% of Puff Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position.

A number of other large investors have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $2,408,000. Members Advisory Group LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $1,334,000. Riverchase Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 21.0% during the 3rd quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock worth $13,243,000 after acquiring an additional 85,673 shares in the last quarter. Castle Wealth Management LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 4.8% in the 3rd quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock worth $15,214,000 after acquiring an additional 26,047 shares during the period. Finally, Great Point Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $16,806,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

NYSEARCA PYLD opened at $26.12 on Friday. The business has a 50 day moving average price of $26.73 and a 200 day moving average price of $26.77. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.5%.

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.