Landmark Wealth Management LLC Makes New $3.47 Million Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Landmark Wealth Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 129,400 shares of the company’s stock, valued at approximately $3,473,000. PIMCO Multi Sector Bond Active ETF makes up approximately 1.4% of Landmark Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in PYLD. Riverchase Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF by 21.0% during the 3rd quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock worth $13,243,000 after purchasing an additional 85,673 shares during the last quarter. GeoWealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 39.5% in the second quarter. GeoWealth Management LLC now owns 1,444,498 shares of the company’s stock valued at $38,337,000 after buying an additional 409,080 shares during the last quarter. RFG Holdings Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 18.5% during the third quarter. RFG Holdings Inc. now owns 1,124,872 shares of the company’s stock worth $30,192,000 after buying an additional 175,387 shares during the last quarter. Bridgewealth Advisory Group LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 9.0% during the third quarter. Bridgewealth Advisory Group LLC now owns 897,031 shares of the company’s stock worth $24,076,000 after buying an additional 73,751 shares during the last quarter. Finally, Eclectic Associates Inc. ADV increased its position in PIMCO Multi Sector Bond Active ETF by 55.4% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 526,872 shares of the company’s stock valued at $14,141,000 after acquiring an additional 187,732 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1%

PYLD opened at $26.75 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04. The business has a 50 day moving average price of $26.77 and a two-hundred day moving average price of $26.67.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.