Ehrlich Financial Group Purchases Shares of 64,427 PIMCO Multi Sector Bond Active ETF $PYLD

Ehrlich Financial Group purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 64,427 shares of the company’s stock, valued at approximately $1,729,000. PIMCO Multi Sector Bond Active ETF accounts for about 1.0% of Ehrlich Financial Group’s holdings, making the stock its 29th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PYLD. Mark Sheptoff Financial Planning LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 82.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares during the last quarter. MTM Investment Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth $60,000. Cranbrook Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $130,000. Redwood Park Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 38.7% in the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock valued at $146,000 after buying an additional 1,536 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 198.2% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 5,666 shares of the company’s stock valued at $150,000 after buying an additional 3,766 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.0%

NYSEARCA PYLD opened at $26.83 on Friday. The business has a 50 day simple moving average of $26.80 and a 200 day simple moving average of $26.64. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 10th were paid a $0.1069 dividend. The ex-dividend date was Wednesday, December 10th. This represents a c) annualized dividend and a dividend 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.