Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $1.10 Million Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 102.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 40,966 shares of the company’s stock after purchasing an additional 20,743 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in PIMCO Multi Sector Bond Active ETF were worth $1,100,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in PIMCO Multi Sector Bond Active ETF by 26.7% during 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 acquiring an additional 2,425,695 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after purchasing an additional 2,417,746 shares in the last quarter. RiverFront Investment Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $48,320,000. CWM LLC grew its position in PIMCO Multi Sector Bond Active ETF by 131.1% in the 3rd quarter. CWM LLC now owns 3,088,283 shares of the company’s stock worth $82,890,000 after purchasing an additional 1,752,168 shares in the last quarter. Finally, Advance Capital Management Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 78.0% in the 3rd quarter. Advance Capital Management Inc. now owns 3,606,368 shares of the company’s stock valued at $96,795,000 after buying an additional 1,579,866 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.81 on Friday. The company’s 50 day moving average price is $26.77 and its two-hundred day moving average price is $26.68. 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 firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.13 dividend. This is an increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Wednesday, December 31st.

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.