Ritter Daniher Financial Advisory LLC DE Purchases 347,471 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Ritter Daniher Financial Advisory LLC DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 38.8% in the third quarter, Holdings Channel reports. The fund owned 1,243,876 shares of the company’s stock after acquiring an additional 347,471 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 5.9% of Ritter Daniher Financial Advisory LLC DE’s investment portfolio, making the stock its 3rd biggest holding. Ritter Daniher Financial Advisory LLC DE’s holdings in PIMCO Multi Sector Bond Active ETF were worth $33,386,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PYLD. Mark Sheptoff Financial Planning LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares during the period. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $32,000. MTM Investment Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $60,000. Cranbrook Wealth Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $130,000. Finally, Redwood Park Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 38.7% in the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after acquiring an additional 1,536 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of PYLD stock opened at $26.87 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The firm’s fifty day simple moving average is $26.79 and its 200 day simple moving average is $26.72.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.13 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date 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.