HUB Investment Partners LLC Acquires 64,928 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

HUB Investment Partners LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,404,986 shares of the company’s stock after purchasing an additional 64,928 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 1.3% of HUB Investment Partners LLC’s investment portfolio, making the stock its 13th largest position. HUB Investment Partners LLC owned approximately 0.43% of PIMCO Multi Sector Bond Active ETF worth $37,710,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $2,408,000. Riverchase Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 21.0% in the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock worth $13,243,000 after purchasing an additional 85,673 shares in the last quarter. Castle Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 4.8% in 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. Members Advisory Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $1,334,000. Finally, Great Point Wealth Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $16,806,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

Shares of PYLD stock opened at $26.55 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The stock has a fifty day simple moving average of $26.81 and a two-hundred day simple moving average of $26.79.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Monday, March 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.