HUB Investment Partners LLC Boosts Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

HUB Investment Partners LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,404,986 shares of the company’s stock after purchasing an additional 64,928 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.3% of HUB Investment Partners LLC’s holdings, making the stock its 13th biggest position. HUB Investment Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $37,710,000 as of its most recent SEC filing.

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

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

PYLD opened at $26.55 on Friday. The business’s 50-day moving average is $26.81 and its two-hundred day moving average is $26.79. 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 company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Monday, March 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.