PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 9.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 897,031 shares of the company’s stock after acquiring an additional 73,751 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 5.6% of Bridgewealth Advisory Group LLC’s holdings, making the stock its 3rd biggest holding. Bridgewealth Advisory Group LLC owned 0.28% of PIMCO Multi Sector Bond Active ETF worth $24,076,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in PIMCO Multi Sector Bond Active ETF by 26.7% in the second 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. increased its holdings 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 in the last quarter. Retirement Planning Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 6.4% during the second quarter. Retirement Planning Group LLC now owns 4,777,442 shares of the company’s stock worth $126,793,000 after purchasing an additional 288,106 shares during the period. AE Wealth Management LLC lifted its holdings 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 valued at $120,265,000 after purchasing 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% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,528,515 shares of the company’s stock valued at $120,187,000 after purchasing an additional 971,867 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.77 on Wednesday. The business has a 50 day simple moving average of $26.77 and a 200 day simple moving average of $26.67. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

PIMCO Multi Sector Bond Active ETF 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.