Integrated Wealth Concepts LLC Has $34.24 Million Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Integrated Wealth Concepts LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 279.0% during the third quarter, Holdings Channel reports. The firm owned 1,275,640 shares of the company’s stock after purchasing an additional 939,080 shares during the period. Integrated Wealth Concepts LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $34,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mather Group LLC. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth about $32,000. MTM Investment Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $60,000. Texas Capital Bancshares Inc TX acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $67,000. Founders Financial Alliance LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $88,000. Finally, Colonial Trust Co SC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $102,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.24 on Monday. The firm has a fifty day simple moving average of $26.77 and a 200-day simple moving average of $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 Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.5%.

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.