PIMCO Multi Sector Bond Active ETF $PYLD Stock Position Raised by Corient Private Wealth LLC

Corient Private Wealth LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1,406.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 132,856 shares of the company’s stock after acquiring an additional 124,039 shares during the quarter. Corient Private Wealth LLC owned approximately 0.05% of PIMCO Multi Sector Bond Active ETF worth $3,526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE raised its position in shares of PIMCO Multi Sector Bond Active ETF by 26.7% during the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock worth $305,589,000 after purchasing an additional 2,425,695 shares during the period. Envestnet Asset Management Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 96.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after buying an additional 2,417,746 shares during the last quarter. RiverFront Investment Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter worth $48,320,000. AE Wealth Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 43.1% in the second quarter. AE Wealth Management LLC now owns 4,531,478 shares of the company’s stock worth $120,265,000 after buying an additional 1,364,400 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 73.7% in the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after buying an additional 1,166,083 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.74 on Monday. The firm has a fifty day moving average of $26.80 and a 200-day moving average of $26.62. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were given a $0.1069 dividend. The ex-dividend date was Wednesday, December 10th. This represents a c) annualized dividend and a yield of 4.8%.

About PIMCO Multi Sector Bond Active ETF

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.