PIMCO Multi Sector Bond Active ETF $PYLD Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 155.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,648,341 shares of the company’s stock after buying an additional 1,002,782 shares during the period. Private Advisor Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $44,241,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Mather Group LLC. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $32,000. MTM Investment Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $60,000. Founders Financial Alliance LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $88,000. Colonial Trust Co SC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $102,000. Finally, Cranbrook Wealth Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $130,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.55 on Monday. The firm has a 50 day simple moving average of $26.81 and a 200 day simple moving average of $26.79. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The business 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) dividend on an annualized basis and a dividend 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.