Farther Finance Advisors LLC Has $5.58 Million Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Farther Finance Advisors LLC decreased its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 52.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 208,034 shares of the company’s stock after selling 230,266 shares during the quarter. Farther Finance Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,584,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. NFP Retirement Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in the second quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock worth $1,881,000 after purchasing an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC grew its holdings in 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. Lloyd Advisory Services LLC. raised its position in PIMCO Multi Sector Bond Active ETF by 2.7% in the 2nd quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock valued at $626,000 after buying an additional 612 shares during the last quarter. WestHill Financial Advisors Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 2.1% in the 2nd quarter. WestHill Financial Advisors Inc. now owns 39,556 shares of the company’s stock valued at $1,050,000 after buying an additional 808 shares during the last quarter. Finally, Taylor & Morgan Wealth Management LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 1.9% during the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 52,520 shares of the company’s stock valued at $1,394,000 after acquiring an additional 1,000 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.0%

PYLD opened at $26.76 on Wednesday. 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 $26.80 and its two-hundred day moving average price is $26.63.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

About PIMCO Multi Sector Bond Active ETF

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.