AE Wealth Management LLC Acquires 1,716,503 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

AE Wealth Management LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 36.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,479,219 shares of the company’s stock after acquiring an additional 1,716,503 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 1.0% of AE Wealth Management LLC’s holdings, making the stock its 15th biggest holding. AE Wealth Management LLC owned 1.55% of PIMCO Multi Sector Bond Active ETF worth $172,866,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $32,000. Networth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. JFS Wealth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $51,000. Texas Capital Bancshares Inc TX purchased a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $67,000. Finally, Bangor Savings Bank purchased a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $70,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.53 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.80 and a fifty-two week high of $27.04. The firm’s 50-day simple moving average is $26.53 and its 200 day simple moving average is $26.70.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

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

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.