Commonwealth Equity Services LLC Buys 749,377 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Commonwealth Equity Services LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 34.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,945,044 shares of the company’s stock after buying an additional 749,377 shares during the period. Commonwealth Equity Services LLC owned 0.93% of PIMCO Multi Sector Bond Active ETF worth $79,045,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of PYLD. Mark Sheptoff Financial Planning LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 481 shares during the period. Mather Group LLC. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $32,000. MTM Investment Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $60,000. Cranbrook Wealth Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $130,000. Finally, Redwood Park Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 38.7% in the 2nd 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 in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.73 on Tuesday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock has a fifty day moving average of $26.78 and a 200-day moving average of $26.67.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were issued a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.8%. This is an increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11.

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.