CarsonAllaria Wealth Management Ltd. Has $6.41 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

CarsonAllaria Wealth Management Ltd. raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 9.9% in the fourth quarter, Holdings Channel reports. The firm owned 240,300 shares of the company’s stock after purchasing an additional 21,669 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 3.2% of CarsonAllaria Wealth Management Ltd.’s investment portfolio, making the stock its 10th largest holding. CarsonAllaria Wealth Management Ltd.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $6,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after acquiring an additional 4,059,150 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after acquiring an additional 4,160,437 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after acquiring an additional 3,099,332 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after acquiring an additional 2,368,593 shares in the last quarter. Finally, Retirement Planning Group LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 11.0% during the third quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock worth $142,304,000 after acquiring an additional 524,508 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.36 on Thursday. The stock’s fifty day moving average price is $26.56 and its two-hundred day moving average price is $26.71. 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 firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.12 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Monday, March 2nd.

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.