PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Sheridan Capital Management LLC

Sheridan Capital Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 903.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,083,580 shares of the company’s stock after acquiring an additional 975,632 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 15.4% of Sheridan Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Sheridan Capital Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $29,083,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PYLD. CarsonAllaria Wealth Management Ltd. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 9.3% during the third quarter. CarsonAllaria Wealth Management Ltd. now owns 218,631 shares of the company’s stock worth $5,868,000 after buying an additional 18,610 shares during the period. Beacon Financial Planning Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.5% in the third quarter. Beacon Financial Planning Inc. now owns 43,538 shares of the company’s stock valued at $1,169,000 after purchasing an additional 1,056 shares during the last quarter. EQ Wealth Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 17.5% in the third quarter. EQ Wealth Advisors LLC now owns 518,121 shares of the company’s stock worth $13,906,000 after purchasing an additional 77,101 shares in the last quarter. Roof Eidam Maycock Peralta LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 20.9% during the third quarter. Roof Eidam Maycock Peralta LLC now owns 24,784 shares of the company’s stock worth $665,000 after purchasing an additional 4,284 shares during the last quarter. Finally, WESPAC Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $278,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1%

PIMCO Multi Sector Bond Active ETF stock opened at $26.82 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04. The company has a fifty day simple moving average of $26.77 and a 200 day simple moving average of $26.69.

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 dividend of $0.13 per share. The ex-dividend date was Wednesday, December 31st. 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.

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.