Sanchez Wealth Management Group Purchases 56,532 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Sanchez Wealth Management Group lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 917,424 shares of the company’s stock after purchasing an additional 56,532 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 5.5% of Sanchez Wealth Management Group’s portfolio, making the stock its 8th largest holding. Sanchez Wealth Management Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $24,624,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $2,408,000. Riverchase Wealth Management LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 21.0% in the 3rd quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after buying an additional 85,673 shares during the last quarter. Castle Wealth Management LLC increased its position in shares of 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 purchasing an additional 26,047 shares in the last quarter. Great Point Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $16,806,000. Finally, Beacon Financial Advisory LLC grew its position in PIMCO Multi Sector Bond Active ETF by 24.4% during the 3rd quarter. Beacon Financial Advisory LLC now owns 443,056 shares of the company’s stock worth $11,892,000 after purchasing an additional 86,920 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.85 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.42 and a 12 month high of $27.04. The business has a 50 day simple moving average of $26.78 and a 200-day simple moving average of $26.75.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

About PIMCO Multi Sector Bond Active ETF

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.