Breakwater Capital Group Boosts Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Breakwater Capital Group lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 15.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398,374 shares of the company’s stock after acquiring an additional 51,863 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 1.5% of Breakwater Capital Group’s investment portfolio, making the stock its 12th largest position. Breakwater Capital Group owned 0.10% of PIMCO Multi Sector Bond Active ETF worth $10,629,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE increased its position in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after purchasing an additional 4,059,150 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after purchasing an additional 4,160,437 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of 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 buying an additional 3,099,332 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after buying an additional 2,368,593 shares during the last quarter. Finally, Retirement Planning Group LLC increased its holdings in shares of 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 buying an additional 524,508 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

Shares of PYLD opened at $26.12 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 stock’s fifty day simple moving average is $26.73 and its 200 day simple moving average is $26.77.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.12 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.5%.

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.