SeaCrest Wealth Management LLC Buys Shares of 21,052 PIMCO Multi Sector Bond Active ETF $PYLD

SeaCrest Wealth Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, Holdings Channel.com reports. The fund bought 21,052 shares of the company’s stock, valued at approximately $564,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $32,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $67,000. Founders Financial Alliance LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at $88,000. Colonial Trust Co SC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at $102,000. Finally, Sunbelt Securities Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 3,475.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 4,112 shares of the company’s stock valued at $110,000 after acquiring an additional 3,997 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $25.94 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 company has a 50 day moving average price of $26.66 and a 200 day moving average price of $26.75.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 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.