Kingsview Wealth Management LLC Grows Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Kingsview Wealth Management LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1,168.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 493,632 shares of the company’s stock after acquiring an additional 454,724 shares during the period. Kingsview Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,249,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Mark Sheptoff Financial Planning LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 82.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after buying an additional 481 shares during the last quarter. Mather Group LLC. bought a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter worth $32,000. MTM Investment Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at about $60,000. Founders Financial Alliance LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $88,000. Finally, Colonial Trust Co SC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $102,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.93 on Monday. The company’s 50 day moving average is $26.82 and its 200 day moving average is $26.79. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.12 per share. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.3%.

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.