43,659 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 43,659 shares of the company’s stock, valued at approximately $1,165,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. HighTower Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 95.5% in the third 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 in the last quarter. Bank of America Corp DE raised its stake in PIMCO Multi Sector Bond Active ETF by 35.3% in the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after purchasing an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 68.4% in the third 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 in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 340.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock valued at $85,685,000 after purchasing an additional 2,474,706 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 48.2% in the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after purchasing an additional 2,368,593 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.3%

Shares of PYLD opened at $26.54 on Wednesday. The firm’s 50 day simple moving average is $26.51 and its 200 day simple moving average is $26.70. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.81 and a 1-year high of $27.04.

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 given a dividend of $0.12 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.4%.

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.