PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Cwm LLC

Cwm LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 131.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,088,283 shares of the company’s stock after purchasing an additional 1,752,168 shares during the quarter. Cwm LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $82,890,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Mark Sheptoff Financial Planning LLC raised its position in PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 481 shares during the period. MTM Investment Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth about $60,000. Cranbrook Wealth Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $130,000. Redwood Park Advisors LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 38.7% in the 2nd quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock valued at $146,000 after buying an additional 1,536 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 198.2% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 5,666 shares of the company’s stock valued at $150,000 after buying an additional 3,766 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3%

Shares of PYLD stock opened at $26.84 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04. The company has a 50-day moving average of $26.80 and a two-hundred day moving average of $26.64.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were given a $0.1069 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a yield of 4.8%.

PIMCO Multi Sector Bond Active ETF 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.