PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Trademark Financial Management LLC

Trademark Financial Management LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 202.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 99,715 shares of the company’s stock after buying an additional 66,738 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 1.5% of Trademark Financial Management LLC’s investment portfolio, making the stock its 19th largest position. Trademark Financial Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,660,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $32,000. Networth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. JFS Wealth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at about $51,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at approximately $67,000. Finally, Bangor Savings Bank purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter valued at approximately $70,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $26.54 on Wednesday. The company has a 50 day simple moving average of $26.51 and a 200-day simple moving average of $26.70. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.81 and a 1 year high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

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

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.