PFG Advisors Buys 28,512 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

PFG Advisors grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 15.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 207,822 shares of the company’s stock after buying an additional 28,512 shares during the quarter. PFG Advisors’ holdings in PIMCO Multi Sector Bond Active ETF were worth $5,578,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Mather Group LLC. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $32,000. MTM Investment Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth $60,000. Founders Financial Alliance LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $88,000. Colonial Trust Co SC bought a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $102,000. Finally, Cranbrook Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $130,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.55 on Monday. The business’s 50-day moving average price is $26.81 and its two-hundred day moving average price is $26.79. 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 company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.12 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

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.