PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Apollon Financial LLC

Apollon Financial LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 130.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 133,777 shares of the company’s stock after acquiring an additional 75,786 shares during the quarter. Apollon Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,591,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PYLD. Bank of America Corp DE lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.7% in the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after purchasing an additional 2,425,695 shares during the period. Envestnet Asset Management Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after acquiring an additional 2,417,746 shares during the period. Retirement Planning Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 6.4% in the second quarter. Retirement Planning Group LLC now owns 4,777,442 shares of the company’s stock worth $126,793,000 after acquiring an additional 288,106 shares during the period. AE Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 43.1% during the 2nd quarter. AE Wealth Management LLC now owns 4,531,478 shares of the company’s stock worth $120,265,000 after acquiring an additional 1,364,400 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 27.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,528,515 shares of the company’s stock valued at $120,187,000 after acquiring an additional 971,867 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.83 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The business has a 50-day moving average price of $26.80 and a 200 day moving average price of $26.64.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

PIMCO Multi Sector Bond Active ETF Company 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.