PIMCO Multi Sector Bond Active ETF $PYLD Stock Position Raised by Parr Mcknight Wealth Management Group LLC

Parr Mcknight Wealth Management Group LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 33.3% during the third quarter, HoldingsChannel.com reports. The fund owned 200,158 shares of the company’s stock after acquiring an additional 49,968 shares during the period. Parr Mcknight Wealth Management Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,372,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PYLD. Goldman Sachs Group Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $297,000. Jane Street Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the first quarter worth $3,541,000. Strategic Blueprint LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter valued at $352,000. Envestnet Asset Management Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after acquiring an additional 2,417,746 shares during the period. Finally, Pasadena Private Wealth LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 22.2% during the second quarter. Pasadena Private Wealth LLC now owns 18,840 shares of the company’s stock worth $500,000 after acquiring an additional 3,422 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of NYSEARCA:PYLD opened at $26.93 on Tuesday. The company’s 50-day moving average price is $26.81 and its 200 day moving average price is $26.77. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, February 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.