Pictet North America Advisors SA Has $29.12 Million Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Pictet North America Advisors SA increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,084,834 shares of the company’s stock after purchasing an additional 103,016 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 2.7% of Pictet North America Advisors SA’s portfolio, making the stock its 10th biggest position. Pictet North America Advisors SA’s holdings in PIMCO Multi Sector Bond Active ETF were worth $29,117,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of PYLD. Bank of America Corp DE lifted its stake in PIMCO Multi Sector Bond Active ETF by 26.7% in the second 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after acquiring an additional 2,417,746 shares during the period. RiverFront Investment Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $48,320,000. CWM LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 131.1% in the 3rd quarter. CWM LLC now owns 3,088,283 shares of the company’s stock worth $82,890,000 after purchasing an additional 1,752,168 shares during the period. Finally, Advance Capital Management Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 78.0% during the 3rd quarter. Advance Capital Management Inc. now owns 3,606,368 shares of the company’s stock worth $96,795,000 after purchasing an additional 1,579,866 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.71 on Friday. The business’s 50-day moving average price is $26.78 and its two-hundred day moving average price is $26.66. 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 announced a monthly dividend, which will be paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st will be paid a $0.13 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Wednesday, December 31st. This is a positive change from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11.

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.