89,726 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 89,726 shares of the company’s stock, valued at approximately $2,408,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PYLD. Bank of America Corp DE increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.7% in the second quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after buying an additional 2,425,695 shares during the period. Sequoia Financial Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF by 68.4% during 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 period. Retirement Planning Group LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 11.0% during 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 last quarter. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after purchasing an additional 2,417,746 shares during the period. Finally, AE Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 5.1% in the 3rd quarter. AE Wealth Management LLC now owns 4,762,716 shares of the company’s stock valued at $127,831,000 after purchasing an additional 231,238 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

PYLD opened at $26.76 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The company has a fifty day moving average of $26.78 and a 200-day moving average of $26.73.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.4%.

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.