Mirae Asset Global Investments Co. Ltd. Purchases Shares of 273,900 PIMCO Multi Sector Bond Active ETF $PYLD

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 273,900 shares of the company’s stock, valued at approximately $7,351,000.

Several other institutional investors have also added to or reduced their stakes in PYLD. Truist Financial Corp increased its position in PIMCO Multi Sector Bond Active ETF by 10.7% during the 3rd quarter. Truist Financial Corp now owns 216,574 shares of the company’s stock valued at $5,813,000 after purchasing an additional 21,001 shares during the period. Rainey & Randall Wealth Advisors Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 51.1% in the 3rd quarter. Rainey & Randall Wealth Advisors Inc. now owns 551,373 shares of the company’s stock valued at $14,799,000 after purchasing an additional 186,356 shares during the last quarter. Summit Investment Advisory Services LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $685,000. Bluesphere Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 10.5% during the third quarter. Bluesphere Advisors LLC now owns 37,862 shares of the company’s stock worth $1,016,000 after buying an additional 3,601 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 47.1% during the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 579,651 shares of the company’s stock worth $15,558,000 after buying an additional 185,692 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.85 on Friday. The company’s fifty day simple moving average is $26.79 and its 200 day simple moving average is $26.73. 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 Increases Dividend

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

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.