Taylor & Morgan Wealth Management LLC Purchases 44,457 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Taylor & Morgan Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 85.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,577 shares of the company’s stock after purchasing an additional 44,457 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.4% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. Taylor & Morgan Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,577,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $3,541,000. Cetera Investment Advisers bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $261,000. JPMorgan Chase & Co. lifted its position in PIMCO Multi Sector Bond Active ETF by 66.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 67.5% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 27,679 shares of the company’s stock valued at $735,000 after purchasing an additional 11,151 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.16 on Thursday. The stock has a 50 day moving average price of $26.62 and a two-hundred day moving average price of $26.73. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.5%.

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.