PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Base Wealth Management LLC

Base Wealth Management LLC boosted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 14.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 383,973 shares of the company’s stock after buying an additional 48,660 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 6.5% of Base Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Base Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $10,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after buying an additional 481 shares in the last quarter. MTM Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth about $60,000. Redwood Park Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF by 38.7% during 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 period. Cary Street Partners Investment Advisory LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 198.2% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 5,666 shares of the company’s stock worth $150,000 after purchasing an additional 3,766 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its holdings in PIMCO Multi Sector Bond Active ETF by 48.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 5,774 shares of the company’s stock valued at $153,000 after purchasing an additional 1,873 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $26.65 on Monday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04. The company’s 50 day moving average price is $26.80 and its two-hundred day moving average price is $26.60.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were given a dividend of $0.1069 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.