Flow Traders U.S. LLC Purchases 60,256 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Flow Traders U.S. LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 187.6% in the third quarter, Holdings Channel reports. The firm owned 92,377 shares of the company’s stock after purchasing an additional 60,256 shares during the period. Flow Traders U.S. LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,479,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $2,408,000. Members Advisory Group LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $1,334,000. Riverchase Wealth Management LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 21.0% during 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 increased its position in shares of 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 during the last quarter. Finally, Great Point Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $16,806,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3%

Shares of PYLD opened at $26.31 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04. The firm’s 50 day simple moving average is $26.76 and its 200 day simple moving average is $26.78.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders 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) annualized dividend and a dividend 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.