PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by NavPoint Financial Inc.

NavPoint Financial Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 105.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,775 shares of the company’s stock after acquiring an additional 56,729 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.3% of NavPoint Financial Inc.’s investment portfolio, making the stock its 22nd biggest position. NavPoint Financial Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,955,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at about $32,000. JFS Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $51,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $67,000. Bangor Savings Bank purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $70,000. Finally, Founders Financial Alliance LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $88,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.22 on Monday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The company has a 50 day moving average price of $26.59 and a 200 day moving average price of $26.72.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

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.