PFG Private Wealth Management LLC Invests $1.63 Million in PIMCO Multi Sector Bond Active ETF $PYLD

PFG Private Wealth Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 60,812 shares of the company’s stock, valued at approximately $1,632,000.

Other institutional investors have also bought and sold shares of the company. ORBA Wealth Advisors L.L.C. raised 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 valued at $1,588,000 after buying an additional 401 shares during the last quarter. NFP Retirement Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock worth $1,881,000 after acquiring an additional 420 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 481 shares during the last quarter. Savant Capital LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 7.7% in the third quarter. Savant Capital LLC now owns 9,082 shares of the company’s stock valued at $244,000 after purchasing an additional 648 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock valued at $3,688,000 after purchasing an additional 699 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1%

Shares of PYLD stock opened at $26.81 on Thursday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04. The company has a 50-day simple moving average of $26.78 and a two-hundred day simple moving average of $26.75.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.12 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.4%.

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.