Cozad Asset Management Inc. Raises Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Cozad Asset Management Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 76.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,041 shares of the company’s stock after purchasing an additional 22,083 shares during the period. Cozad Asset Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Mark Sheptoff Financial Planning LLC grew its stake 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 acquiring an additional 481 shares in the last quarter. Mather Group LLC. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $32,000. MTM Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the second quarter worth approximately $60,000. Founders Financial Alliance LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $88,000. Finally, Colonial Trust Co SC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $102,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of PYLD stock opened at $26.91 on Thursday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The stock has a fifty day simple moving average of $26.81 and a two-hundred day simple moving average of $26.78.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

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.