Elevation Point Wealth Partners LLC Invests $1.44 Million in PIMCO Multi Sector Bond Active ETF $PYLD

Elevation Point Wealth Partners LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 53,618 shares of the company’s stock, valued at approximately $1,439,000.

A number of other institutional investors and hedge funds have also bought and sold shares of PYLD. Mather Group LLC. bought a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $32,000. MTM Investment Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth approximately $60,000. Texas Capital Bancshares Inc TX bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $67,000. Founders Financial Alliance LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $88,000. Finally, Colonial Trust Co SC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $102,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.3%

NYSEARCA PYLD opened at $26.24 on Monday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04. The company has a fifty day moving average of $26.77 and a 200-day moving average of $26.78.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given 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 yield of 5.5%.

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.