Pictet North America Advisors SA Sells 250,781 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Pictet North America Advisors SA lowered its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 23.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 834,053 shares of the company’s stock after selling 250,781 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 2.1% of Pictet North America Advisors SA’s investment portfolio, making the stock its 13th biggest position. Pictet North America Advisors SA’s holdings in PIMCO Multi Sector Bond Active ETF were worth $22,253,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Mather Group LLC. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $32,000. JFS Wealth Advisors LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $51,000. Texas Capital Bancshares Inc TX bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $67,000. Founders Financial Alliance LLC bought 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 acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $102,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.16 on Thursday. The business has a fifty day simple moving average of $26.62 and a 200 day simple moving average of $26.73. 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 Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%.

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.