WESPAC Advisors LLC Raises Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

WESPAC Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 996.5% during the fourth quarter, Holdings Channel reports. The firm owned 113,467 shares of the company’s stock after acquiring an additional 103,119 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 1.6% of WESPAC Advisors LLC’s portfolio, making the stock its 11th largest holding. WESPAC Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,027,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $32,000. JFS Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $51,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $67,000. Founders Financial Alliance LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $88,000. Finally, Colonial Trust Co SC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $102,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $25.94 on Monday. The company has a fifty day moving average price of $26.66 and a 200 day moving average price of $26.75. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.42 and a 12 month high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

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.