PIMCO Multi Sector Bond Active ETF $PYLD Stake Lifted by Continuum Advisory LLC

Continuum Advisory LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 19.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 926,235 shares of the company’s stock after purchasing an additional 153,299 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 2.6% of Continuum Advisory LLC’s holdings, making the stock its 5th biggest position. Continuum Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $24,860,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Kestra Advisory Services LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 68.9% during the 1st quarter. Kestra Advisory Services LLC now owns 38,316 shares of the company’s stock valued at $1,010,000 after acquiring an additional 15,634 shares in the last quarter. Ieq Capital LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $1,074,000. MAI Capital Management boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 23.8% during the 1st quarter. MAI Capital Management now owns 269,933 shares of the company’s stock worth $7,113,000 after purchasing an additional 51,939 shares during the last quarter. Aprio Wealth Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at approximately $9,285,000. Finally, NewEdge Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 25.4% in the first quarter. NewEdge Advisors LLC now owns 3,341,951 shares of the company’s stock valued at $88,060,000 after purchasing an additional 676,475 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

NYSEARCA:PYLD opened at $26.86 on Tuesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04. The stock has a 50 day moving average price of $26.80 and a 200 day moving average price of $26.65.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were paid a $0.1069 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a dividend 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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.