Mutual Advisors LLC Raises Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Mutual Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 31.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 502,587 shares of the company’s stock after purchasing an additional 120,114 shares during the quarter. Mutual Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,535,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth $3,541,000. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 111.0% during the second quarter. Janney Montgomery Scott LLC now owns 514,100 shares of the company’s stock valued at $13,644,000 after buying an additional 270,485 shares during the last quarter. Truist Financial Corp grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 41.9% during the second quarter. Truist Financial Corp now owns 195,573 shares of the company’s stock valued at $5,191,000 after buying an additional 57,786 shares during the last quarter. Finally, Creative Capital Management Investments LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 5.3% in the 2nd quarter. Creative Capital Management Investments LLC now owns 652,040 shares of the company’s stock valued at $17,305,000 after acquiring an additional 33,009 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.85 on Friday. The stock’s fifty day moving average price is $26.79 and its 200 day moving average price is $26.73. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were paid a $0.13 dividend. The ex-dividend date was Wednesday, December 31st. This is a positive change from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a dividend yield of 5.8%.

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.