Farther Finance Advisors LLC Sells 230,266 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Farther Finance Advisors LLC reduced its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 52.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 208,034 shares of the company’s stock after selling 230,266 shares during the quarter. Farther Finance Advisors LLC owned about 0.07% of PIMCO Multi Sector Bond Active ETF worth $5,584,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in PYLD. GeoWealth Management LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 39.5% during the 2nd quarter. GeoWealth Management LLC now owns 1,444,498 shares of the company’s stock worth $38,337,000 after purchasing an additional 409,080 shares in the last quarter. Bare Financial Services Inc raised its stake in PIMCO Multi Sector Bond Active ETF by 3.0% during the 2nd quarter. Bare Financial Services Inc now owns 478,385 shares of the company’s stock worth $12,696,000 after buying an additional 14,123 shares during the period. Eclectic Associates Inc. ADV boosted its holdings in PIMCO Multi Sector Bond Active ETF by 55.4% in the third quarter. Eclectic Associates Inc. ADV now owns 526,872 shares of the company’s stock worth $14,141,000 after acquiring an additional 187,732 shares in the last quarter. Cherrydale Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 8.5% in the second quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock valued at $3,623,000 after acquiring an additional 10,748 shares during the period. Finally, CWM LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 216.3% during the second quarter. CWM LLC now owns 1,336,115 shares of the company’s stock valued at $35,461,000 after acquiring an additional 913,640 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

Shares of NYSEARCA:PYLD opened at $26.76 on Wednesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The stock’s 50 day moving average is $26.80 and its 200-day moving average is $26.63.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were issued a dividend of $0.1069 per share. 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.