PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 23.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 418,823 shares of the company’s stock after purchasing an additional 78,429 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.4% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 14th biggest position. Lake Street Private Wealth LLC owned about 0.11% of PIMCO Multi Sector Bond Active ETF worth $11,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after buying an additional 4,160,437 shares in the last quarter. Bank of America Corp DE increased its stake in PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after buying an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after acquiring an additional 3,099,332 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after acquiring an additional 2,368,593 shares during the last quarter. Finally, Horizon Wealth Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $56,815,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.8%

Shares of NYSEARCA:PYLD opened at $26.12 on Friday. The business’s 50 day moving average price is $26.73 and its 200-day moving average price is $26.77. 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 disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.12 dividend. 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.