Wealth Enhancement Advisory Services LLC Increases Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Wealth Enhancement Advisory Services LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 340.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,200,786 shares of the company’s stock after acquiring an additional 2,474,706 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.84% of PIMCO Multi Sector Bond Active ETF worth $85,685,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in PIMCO Multi Sector Bond Active ETF by 35.3% in the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after acquiring an additional 4,059,150 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after purchasing an additional 4,160,437 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after purchasing an additional 3,099,332 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 48.2% in the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after purchasing an additional 2,368,593 shares during the period. Finally, Retirement Planning Group LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 11.0% in the third quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock valued at $142,304,000 after purchasing an additional 524,508 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

PYLD opened at $26.12 on Monday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The company has a fifty day simple moving average of $26.73 and a 200 day simple moving average of $26.77.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.12 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.5%.

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.