RMR Capital Management LLC Buys 36,146 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

RMR Capital Management LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 101.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,812 shares of the company’s stock after buying an additional 36,146 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 1.3% of RMR Capital Management LLC’s portfolio, making the stock its 22nd largest position. RMR Capital Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,927,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of PYLD. Goldman Sachs Group Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $297,000. Jane Street Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $3,541,000. Janney Montgomery Scott LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 111.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 514,100 shares of the company’s stock valued at $13,644,000 after purchasing an additional 270,485 shares during the period. Truist Financial Corp increased its stake in PIMCO Multi Sector Bond Active ETF by 41.9% during the 2nd quarter. Truist Financial Corp now owns 195,573 shares of the company’s stock worth $5,191,000 after purchasing an additional 57,786 shares in the last quarter. Finally, Foundry Financial Group Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 2.2% during the 2nd quarter. Foundry Financial Group Inc. now owns 61,199 shares of the company’s stock worth $1,624,000 after buying an additional 1,305 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

PIMCO Multi Sector Bond Active ETF stock opened at $26.84 on Thursday. The company has a 50 day moving average of $26.79 and a 200-day 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 company 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. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 5.8%. 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.