PIMCO Multi Sector Bond Active ETF $PYLD Stock Holdings Lifted by Base Wealth Management LLC

Base Wealth Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 424,750 shares of the company’s stock after acquiring an additional 40,777 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 6.5% of Base Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Base Wealth Management LLC owned 0.13% of PIMCO Multi Sector Bond Active ETF worth $11,400,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in PIMCO Multi Sector Bond Active ETF by 26.7% during the 2nd quarter. Bank of America Corp DE now owns 11,514,297 shares of the company’s stock valued at $305,589,000 after purchasing an additional 2,425,695 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after buying an additional 2,417,746 shares in the last quarter. Retirement Planning Group LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.4% during the second quarter. Retirement Planning Group LLC now owns 4,777,442 shares of the company’s stock valued at $126,793,000 after buying an additional 288,106 shares in the last quarter. AE Wealth Management LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 43.1% in the 2nd quarter. AE Wealth Management LLC now owns 4,531,478 shares of the company’s stock worth $120,265,000 after acquiring an additional 1,364,400 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 27.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,528,515 shares of the company’s stock worth $120,187,000 after acquiring an additional 971,867 shares during the period.

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 fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock’s 50-day moving average is $26.80 and its two-hundred day moving average is $26.65.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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