Redhawk Wealth Advisors Inc. Takes $602,000 Position in PIMCO Multi Sector Bond Active ETF $PYLD

Redhawk Wealth Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,550 shares of the company’s stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. ORBA Wealth Advisors L.L.C. increased its position in PIMCO Multi Sector Bond Active ETF by 0.7% in the 3rd quarter. ORBA Wealth Advisors L.L.C. now owns 59,181 shares of the company’s stock worth $1,588,000 after purchasing an additional 401 shares during the last quarter. ACT Advisors LLC. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.6% during the 4th quarter. ACT Advisors LLC. now owns 16,915 shares of the company’s stock valued at $451,000 after buying an additional 428 shares during the last quarter. OmniStar Financial Group Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.7% in the 3rd quarter. OmniStar Financial Group Inc. now owns 85,141 shares of the company’s stock valued at $2,285,000 after buying an additional 562 shares in the last quarter. Savant Capital LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 7.7% in the 3rd quarter. Savant Capital LLC now owns 9,082 shares of the company’s stock valued at $244,000 after buying an additional 648 shares in the last quarter. Finally, TD Capital Management LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 3.5% in the third quarter. TD Capital Management LLC now owns 20,368 shares of the company’s stock worth $547,000 after buying an additional 681 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $25.94 on Monday. The company has a 50 day moving average price of $26.66 and a two-hundred day moving average price of $26.75. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.12 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%.

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.