PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 51.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 551,373 shares of the company’s stock after acquiring an additional 186,356 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 2.5% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 10th largest holding. Rainey & Randall Wealth Advisors Inc. owned about 0.17% of PIMCO Multi Sector Bond Active ETF worth $14,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NFP Retirement Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 0.6% during the second quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock worth $1,881,000 after purchasing an additional 420 shares in the last quarter. Mark Sheptoff Financial Planning LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 82.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after buying an additional 481 shares during the last quarter. StoneCrest Wealth Management Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock worth $3,688,000 after buying an additional 699 shares during the period. Beacon Financial Planning Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 2.5% during the third quarter. Beacon Financial Planning Inc. now owns 43,538 shares of the company’s stock worth $1,169,000 after buying an additional 1,056 shares during the period. Finally, LifeWealth Investments LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 12.0% in the third quarter. LifeWealth Investments LLC now owns 10,901 shares of the company’s stock valued at $293,000 after buying an additional 1,168 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.86 on Wednesday. The business has a 50 day simple moving average of $26.78 and a 200-day simple moving average of $26.72. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.13 per share. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Wednesday, December 31st. This is an increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11.

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.