PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by SOL Capital Management CO

SOL Capital Management CO grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 12.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 321,499 shares of the company’s stock after acquiring an additional 35,149 shares during the quarter. SOL Capital Management CO owned about 0.10% of PIMCO Multi Sector Bond Active ETF worth $8,629,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Evergreen Capital Management LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 70.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 406,388 shares of the company’s stock valued at $10,907,000 after purchasing an additional 167,408 shares in the last quarter. Leavell Investment Management Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth approximately $423,000. Great Point Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $16,806,000. Sheridan Capital Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 903.8% in the 3rd quarter. Sheridan Capital Management LLC now owns 1,083,580 shares of the company’s stock worth $29,083,000 after acquiring an additional 975,632 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. raised its holdings in PIMCO Multi Sector Bond Active ETF by 9.3% in the 3rd quarter. CarsonAllaria Wealth Management Ltd. now owns 218,631 shares of the company’s stock valued at $5,868,000 after acquiring an additional 18,610 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.82 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 stock’s fifty day simple moving average is $26.77 and its 200-day simple moving average is $26.69.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.