Tennessee Valley Asset Management Partners Invests $4 Million in PIMCO Multi Sector Bond Active ETF $PYLD

Tennessee Valley Asset Management Partners acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 149,014 shares of the company’s stock, valued at approximately $4,000,000.

Several other large investors have also added to or reduced their stakes in PYLD. Goldman Sachs Group Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth about $297,000. Jane Street Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $3,541,000. Savant Capital LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter valued at about $224,000. Intrua Financial LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 68.5% during the second quarter. Intrua Financial LLC now owns 851,078 shares of the company’s stock worth $22,588,000 after acquiring an additional 346,109 shares in the last quarter. Finally, Security Financial Services INC. boosted its position in PIMCO Multi Sector Bond Active ETF by 13.1% during the second quarter. Security Financial Services INC. now owns 351,572 shares of the company’s stock valued at $9,331,000 after purchasing an additional 40,726 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.3%

NYSEARCA PYLD opened at $26.46 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The firm’s fifty day moving average price is $26.79 and its two-hundred day moving average price is $26.79.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

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.