RiverTree Advisors LLC Acquires Shares of 28,530 PIMCO Multi Sector Bond Active ETF $PYLD

RiverTree Advisors LLC bought a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,530 shares of the company’s stock, valued at approximately $761,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PYLD. Ashton Thomas Private Wealth LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $2,408,000. Members Advisory Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $1,334,000. Riverchase Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 21.0% during the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock worth $13,243,000 after buying an additional 85,673 shares in the last quarter. Castle Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 4.8% during the third quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock worth $15,214,000 after buying an additional 26,047 shares in the last quarter. Finally, Great Point Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter valued at $16,806,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $25.94 on Monday. The firm has a 50-day simple moving average of $26.66 and a two-hundred day simple moving average of $26.75. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.12 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, March 2nd.

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.