JPMorgan Chase & Co. Buys 70,408 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

JPMorgan Chase & Co. boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 125.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,673 shares of the company’s stock after buying an additional 70,408 shares during the period. JPMorgan Chase & Co.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,400,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $2,408,000. Members Advisory Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth $1,334,000. Riverchase Wealth Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 21.0% during the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after buying an additional 85,673 shares during the period. Castle Wealth Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 4.8% during the third quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock valued at $15,214,000 after buying an additional 26,047 shares during the period. Finally, Great Point Wealth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at $16,806,000.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.22 on Friday. The firm’s 50-day moving average price is $26.59 and its 200-day moving average price is $26.73. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

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.