Weaver Consulting Group Acquires Shares of 56,301 PIMCO Multi Sector Bond Active ETF $PYLD

Weaver Consulting Group acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, HoldingsChannel.com reports. The fund acquired 56,301 shares of the company’s stock, valued at approximately $1,511,000.

Other hedge funds have also modified their holdings of the company. Bare Financial Services Inc grew its position in shares of PIMCO Multi Sector Bond Active ETF by 12.7% during the 3rd quarter. Bare Financial Services Inc now owns 539,364 shares of the company’s stock valued at $14,477,000 after acquiring an additional 60,979 shares during the period. Pinnacle Wealth Management LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 10.9% during the third quarter. Pinnacle Wealth Management LLC now owns 645,657 shares of the company’s stock worth $17,329,000 after purchasing an additional 63,584 shares in the last quarter. US Bancorp DE grew its holdings in PIMCO Multi Sector Bond Active ETF by 59.8% in the third quarter. US Bancorp DE now owns 5,574 shares of the company’s stock valued at $150,000 after purchasing an additional 2,086 shares during the period. MAI Capital Management increased its position in shares of PIMCO Multi Sector Bond Active ETF by 59.7% in the third quarter. MAI Capital Management now owns 464,911 shares of the company’s stock valued at $12,478,000 after buying an additional 173,720 shares in the last quarter. Finally, Cary Street Partners Financial LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 45.3% in the third quarter. Cary Street Partners Financial LLC now owns 325,659 shares of the company’s stock valued at $8,741,000 after buying an additional 101,530 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.0%

Shares of NYSEARCA:PYLD opened at $26.91 on Thursday. The business’s 50 day moving average price is $26.81 and its 200-day moving average price is $26.78. 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.12 dividend. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date was Monday, February 2nd.

About PIMCO Multi Sector Bond Active ETF

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.