Savvy Advisors Inc. Has $1.89 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Savvy Advisors Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 53.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 70,389 shares of the company’s stock after acquiring an additional 24,436 shares during the quarter. Savvy Advisors Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,889,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in PYLD. Sequoia Financial Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after purchasing an additional 3,099,332 shares during the last quarter. Bank of America Corp DE boosted its holdings in PIMCO Multi Sector Bond Active ETF by 26.7% in the second quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock worth $305,589,000 after purchasing an additional 2,425,695 shares in the last quarter. Envestnet Asset Management Inc. increased its position in 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 buying an additional 2,417,746 shares during the last quarter. RiverFront Investment Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $48,320,000. Finally, CWM LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 131.1% during the third quarter. CWM LLC now owns 3,088,283 shares of the company’s stock valued at $82,890,000 after buying an additional 1,752,168 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

PYLD opened at $26.87 on Friday. The stock has a 50-day moving average of $26.78 and a 200-day moving average of $26.75. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.4%.

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.