PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,762,716 shares of the company’s stock after buying an additional 231,238 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 0.8% of AE Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. AE Wealth Management LLC owned about 1.46% of PIMCO Multi Sector Bond Active ETF worth $127,831,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. NFP Retirement Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 0.6% in the second quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after acquiring an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares in the last quarter. StoneCrest Wealth Management Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 0.5% in the 3rd quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock valued at $3,688,000 after purchasing an additional 699 shares during the last quarter. Beacon Financial Planning Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.5% in the 3rd quarter. Beacon Financial Planning Inc. now owns 43,538 shares of the company’s stock valued at $1,169,000 after purchasing an additional 1,056 shares during the last quarter. Finally, LifeWealth Investments LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 12.0% in the 3rd quarter. LifeWealth Investments LLC now owns 10,901 shares of the company’s stock valued at $293,000 after purchasing an additional 1,168 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.84 on Thursday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04. The stock’s 50 day moving average price is $26.79 and its 200 day moving average price is $26.72.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. This is a boost from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. The ex-dividend date was Wednesday, December 31st.

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.