SlateStone Wealth LLC Raises Stake in PIMCO Multi Sector Bond Active ETF $PYLD

SlateStone Wealth LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 145.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 167,972 shares of the company’s stock after buying an additional 99,535 shares during the period. SlateStone Wealth LLC owned approximately 0.05% of PIMCO Multi Sector Bond Active ETF worth $4,508,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. ORBA Wealth Advisors L.L.C. raised its holdings in PIMCO Multi Sector Bond Active ETF by 0.7% in the third quarter. ORBA Wealth Advisors L.L.C. now owns 59,181 shares of the company’s stock valued at $1,588,000 after acquiring an additional 401 shares in the last quarter. NFP Retirement Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after acquiring an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 481 shares in the last quarter. Savant Capital LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 7.7% during the third quarter. Savant Capital LLC now owns 9,082 shares of the company’s stock worth $244,000 after purchasing an additional 648 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 0.5% in the third quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock worth $3,688,000 after purchasing an additional 699 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

Shares of NYSEARCA PYLD traded down $0.02 during midday trading on Friday, hitting $26.75. The company’s stock had a trading volume of 70,973 shares, compared to its average volume of 4,552,930. 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 moving average price is $26.78 and its 200-day moving average price is $26.73.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.12 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend 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.