PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by GR Financial Group LLC

GR Financial Group LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,393,675 shares of the company’s stock after purchasing an additional 206,452 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 21.1% of GR Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. GR Financial Group LLC owned about 1.04% of PIMCO Multi Sector Bond Active ETF worth $91,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Concord Wealth Partners lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 10.5% during the third quarter. Concord Wealth Partners now owns 29,659 shares of the company’s stock worth $796,000 after purchasing an additional 2,819 shares during the period. SlateStone Wealth LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 145.4% in the 3rd quarter. SlateStone Wealth LLC now owns 167,972 shares of the company’s stock valued at $4,508,000 after buying an additional 99,535 shares during the period. Prasad Wealth Partners LLC raised its position in PIMCO Multi Sector Bond Active ETF by 12.9% during the 3rd quarter. Prasad Wealth Partners LLC now owns 144,377 shares of the company’s stock worth $3,875,000 after buying an additional 16,462 shares during the last quarter. MONECO Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 9.4% in the 3rd quarter. MONECO Advisors LLC now owns 8,320 shares of the company’s stock worth $223,000 after acquiring an additional 713 shares during the period. Finally, Titleist Asset Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 9.1% in the third quarter. Titleist Asset Management LLC now owns 37,942 shares of the company’s stock valued at $1,018,000 after acquiring an additional 3,158 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.77 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $27.04. The firm has a 50-day moving average price of $26.77 and a 200 day moving average price of $26.74.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.12 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

PIMCO Multi Sector Bond Active ETF Company 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.