PIMCO Multi Sector Bond Active ETF $PYLD is Centerpoint Advisory Group’s 10th Largest Position

Centerpoint Advisory Group grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 60.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 142,552 shares of the company’s stock after acquiring an additional 53,694 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 3.0% of Centerpoint Advisory Group’s portfolio, making the stock its 10th largest position. Centerpoint Advisory Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,826,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.7% in the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after buying an additional 2,425,695 shares during the period. Sequoia Financial Advisors LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 68.4% in the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after acquiring an additional 3,099,332 shares in the last quarter. Retirement Planning Group LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 11.0% during the 3rd quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock worth $142,304,000 after acquiring an additional 524,508 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 96.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after buying an additional 2,417,746 shares in the last quarter. Finally, AE Wealth Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 5.1% in the 3rd quarter. AE Wealth Management LLC now owns 4,762,716 shares of the company’s stock valued at $127,831,000 after acquiring an additional 231,238 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.85 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 stock’s 50 day moving average price is $26.79 and its 200 day moving average price is $26.72.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. This is an increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.8%.

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.