AJ Advisors LLC Purchases New Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

AJ Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 181,224 shares of the company’s stock, valued at approximately $4,864,000. PIMCO Multi Sector Bond Active ETF makes up 2.0% of AJ Advisors LLC’s holdings, making the stock its 12th biggest holding. AJ Advisors LLC owned about 0.06% of PIMCO Multi Sector Bond Active ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PYLD. Mark Sheptoff Financial Planning LLC lifted its position in shares of 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 acquiring an additional 481 shares during the period. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $32,000. MTM Investment Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the second quarter valued at about $60,000. Cranbrook Wealth Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $130,000. Finally, Redwood Park Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 38.7% during the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after buying an additional 1,536 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.85 on Monday. The company’s 50-day moving average price is $26.78 and its two-hundred day moving average price is $26.71. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.42 and a 12 month 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 paid a $0.13 dividend. This represents a c) dividend on an annualized basis and a 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.

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.