Golden State Equity Partners Takes Position in PIMCO Multi Sector Bond Active ETF $PYLD

Golden State Equity Partners bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 108,336 shares of the company’s stock, valued at approximately $2,908,000.

A number of other institutional investors have also bought and sold shares of the business. Mark Sheptoff Financial Planning LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 481 shares in the last quarter. Mather Group LLC. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $32,000. MTM Investment Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at approximately $60,000. Cranbrook Wealth Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth approximately $130,000. Finally, Redwood Park Advisors LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 38.7% in the 2nd quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after purchasing an additional 1,536 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.7%

Shares of PYLD opened at $26.68 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The company has a 50 day simple moving average of $26.79 and a two-hundred day simple moving average of $26.66.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st will be issued a $0.13 dividend. The ex-dividend date is Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 5.8%. This is an increase from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11.

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.