Arbor Trust Wealth Advisors LLC Buys 29,320 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Arbor Trust Wealth Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 18.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,568 shares of the company’s stock after buying an additional 29,320 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 2.3% of Arbor Trust Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Arbor Trust Wealth Advisors LLC owned 0.06% of PIMCO Multi Sector Bond Active ETF worth $5,034,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Mark Sheptoff Financial Planning LLC raised its position in PIMCO Multi Sector Bond Active ETF by 82.2% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after buying an additional 481 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $32,000. MTM Investment Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $60,000. Founders Financial Alliance LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $88,000. Finally, Cranbrook Wealth Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $130,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.89 on Monday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The company’s 50 day moving average is $26.80 and its 200 day moving average is $26.77.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

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.