Great Point Wealth Advisors LLC Takes $16.81 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Great Point Wealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 626,139 shares of the company’s stock, valued at approximately $16,806,000. PIMCO Multi Sector Bond Active ETF comprises approximately 3.2% of Great Point Wealth Advisors LLC’s holdings, making the stock its 11th biggest position. Great Point Wealth Advisors LLC owned 0.20% of PIMCO Multi Sector Bond Active ETF at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in 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 last quarter. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $32,000. MTM Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $60,000. Cranbrook Wealth Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $130,000. Finally, Redwood Park Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 38.7% in the second 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 Stock Performance

Shares of NYSEARCA:PYLD opened at $26.82 on Friday. The company has a fifty day moving average of $26.77 and a 200-day moving average of $26.69. 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 company also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a dividend of $0.13 per share. The ex-dividend date 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.

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.