PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Novem Group

Novem Group decreased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 18.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,010,085 shares of the company’s stock after selling 222,954 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.1% of Novem Group’s portfolio, making the stock its 3rd biggest position. Novem Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $26,949,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $34,000. JFS Wealth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $51,000. Texas Capital Bancshares Inc TX acquired a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $67,000. Finally, Bangor Savings Bank acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $70,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.62 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.80 and a 12 month high of $27.04. The firm has a fifty day simple moving average of $26.52 and a 200 day simple moving average of $26.70.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 5.4%. 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.