PIMCO Multi Sector Bond Active ETF $PYLD is EQ Wealth Advisors LLC’s 2nd Largest Position

EQ Wealth Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 518,121 shares of the company’s stock after buying an additional 77,101 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 9.1% of EQ Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. EQ Wealth Advisors LLC owned approximately 0.16% of PIMCO Multi Sector Bond Active ETF worth $13,906,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in PYLD. NFP Retirement Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after acquiring an additional 420 shares in the last quarter. Mark Sheptoff Financial Planning LLC raised its stake 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 valued at $28,000 after purchasing an additional 481 shares during the period. Lloyd Advisory Services LLC. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.7% in the second quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock valued at $626,000 after purchasing an additional 612 shares in the last quarter. StoneCrest Wealth Management Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 0.5% in the third quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock worth $3,688,000 after buying an additional 699 shares during the period. Finally, LifeWealth Investments LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 12.0% in the third quarter. LifeWealth Investments LLC now owns 10,901 shares of the company’s stock worth $293,000 after buying an additional 1,168 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.84 on Thursday. The business’s fifty day moving average price is $26.77 and its 200 day moving average price is $26.69. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.