PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Johnson & White Wealth Management LLC

Johnson & White Wealth Management LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 18.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 254,024 shares of the company’s stock after acquiring an additional 38,836 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 3.1% of Johnson & White Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Johnson & White Wealth Management LLC owned about 0.08% of PIMCO Multi Sector Bond Active ETF worth $6,818,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE boosted its holdings in PIMCO Multi Sector Bond Active ETF by 26.7% in the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after purchasing an additional 2,425,695 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after purchasing an additional 2,417,746 shares during the period. Retirement Planning Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 6.4% in the second quarter. Retirement Planning Group LLC now owns 4,777,442 shares of the company’s stock valued at $126,793,000 after buying an additional 288,106 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 43.1% in the second quarter. AE Wealth Management LLC now owns 4,531,478 shares of the company’s stock valued at $120,265,000 after buying an additional 1,364,400 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 27.3% in the second quarter. Sequoia Financial Advisors LLC now owns 4,528,515 shares of the company’s stock valued at $120,187,000 after buying an additional 971,867 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.84 on Thursday. The stock’s fifty day moving average price is $26.80 and its two-hundred day moving average price is $26.63. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were given a $0.1069 dividend. The ex-dividend date was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.