PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Savvy Advisors Inc.

Savvy Advisors Inc. raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 53.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 70,389 shares of the company’s stock after buying an additional 24,436 shares during the period. Savvy Advisors Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,889,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC raised its position 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 worth $204,731,000 after purchasing an additional 3,099,332 shares during the period. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 26.7% in the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after purchasing an additional 2,425,695 shares during the period. Envestnet Asset Management Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 96.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after purchasing an additional 2,417,746 shares in the last quarter. RiverFront Investment Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth about $48,320,000. Finally, CWM LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 131.1% during the 3rd quarter. CWM LLC now owns 3,088,283 shares of the company’s stock worth $82,890,000 after buying an additional 1,752,168 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PYLD stock opened at $26.87 on Friday. The firm has a 50-day moving average of $26.78 and a two-hundred day moving average of $26.75. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date was Monday, February 2nd.

PIMCO Multi Sector Bond Active ETF 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.