PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Advance Capital Management Inc.

Advance Capital Management Inc. raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 36.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,914,022 shares of the company’s stock after purchasing an additional 1,307,654 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 5.6% of Advance Capital Management Inc.’s investment portfolio, making the stock its 6th largest position. Advance Capital Management Inc. owned about 1.29% of PIMCO Multi Sector Bond Active ETF worth $131,106,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. HighTower Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after buying an additional 4,160,437 shares during the period. Bank of America Corp DE boosted its holdings in shares of 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. Sequoia Financial Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after purchasing an additional 3,099,332 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of 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 during the period. Finally, Horizon Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at $56,815,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

PIMCO Multi Sector Bond Active ETF stock opened at $26.33 on Friday. The stock has a fifty day moving average price of $26.74 and a 200 day moving average price of $26.77. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

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

PIMCO Multi Sector Bond Active ETF 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.