PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by DAVENPORT & Co LLC

DAVENPORT & Co LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 21.0% in the 3rd quarter, Holdings Channel reports. The firm owned 430,211 shares of the company’s stock after buying an additional 74,561 shares during the quarter. DAVENPORT & Co LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NFP Retirement Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 0.6% during 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 in the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 82.2% in the 2nd 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. boosted 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. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 2.1% during the second quarter. WestHill Financial Advisors Inc. now owns 39,556 shares of the company’s stock valued at $1,050,000 after acquiring an additional 808 shares in the last quarter. Finally, Taylor & Morgan Wealth Management LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.9% during the second 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 Trading Up 0.3%

NYSEARCA:PYLD opened at $26.84 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04. The business’s 50-day simple moving average is $26.80 and its 200 day simple moving average is $26.63.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

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.