First Heartland Consultants Inc. Purchases 101,925 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

First Heartland Consultants Inc. raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 13.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 844,578 shares of the company’s stock after purchasing an additional 101,925 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 1.7% of First Heartland Consultants Inc.’s investment portfolio, making the stock its 12th largest holding. First Heartland Consultants Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $22,533,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Silverlake Wealth Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $631,000. Sunflower Bank N.A. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $43,192,000. Breakwater Capital Group grew its position in PIMCO Multi Sector Bond Active ETF by 15.0% during the 4th quarter. Breakwater Capital Group now owns 398,374 shares of the company’s stock worth $10,629,000 after acquiring an additional 51,863 shares during the last quarter. Inspirion Wealth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $2,340,000. Finally, True Wealth Design LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 7.3% during the 4th quarter. True Wealth Design LLC now owns 72,504 shares of the company’s stock valued at $1,934,000 after purchasing an additional 4,911 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of PYLD opened at $26.17 on Tuesday. The stock has a fifty day moving average price of $26.71 and a two-hundred day moving average price of $26.77. 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 Announces Dividend

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