Castle Wealth Management LLC Has $15.21 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Castle Wealth Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 566,849 shares of the company’s stock after buying an additional 26,047 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 5.1% of Castle Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Castle Wealth Management LLC owned approximately 0.18% of PIMCO Multi Sector Bond Active ETF worth $15,214,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in PIMCO Multi Sector Bond Active ETF by 26.7% during the second quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock worth $305,589,000 after acquiring an additional 2,425,695 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 68.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after purchasing an additional 3,099,332 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 11.0% in the 3rd quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock worth $142,304,000 after purchasing an additional 524,508 shares during the period. Envestnet Asset Management Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the 2nd 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 during the last quarter. Finally, AE Wealth Management LLC increased its position 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 during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

NYSEARCA PYLD opened at $26.85 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04. The company has a fifty day moving average of $26.78 and a two-hundred day moving average of $26.71.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a $0.13 dividend. 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%.

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.