PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Family Investment Center Inc.

Family Investment Center Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 12.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,867,982 shares of the company’s stock after buying an additional 209,120 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 10.4% of Family Investment Center Inc.’s holdings, making the stock its 2nd largest holding. Family Investment Center Inc. owned about 0.59% of PIMCO Multi Sector Bond Active ETF worth $50,137,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sheridan Capital Management LLC increased its position in PIMCO Multi Sector Bond Active ETF by 106.8% in the first quarter. Sheridan Capital Management LLC now owns 76,004 shares of the company’s stock worth $2,003,000 after purchasing an additional 39,252 shares during the period. Jones Financial Companies Lllp lifted its position in PIMCO Multi Sector Bond Active ETF by 5.9% during the 1st quarter. Jones Financial Companies Lllp now owns 74,499 shares of the company’s stock valued at $1,963,000 after purchasing an additional 4,149 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $297,000. Arete Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $320,000. Finally, Jane Street Group LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth approximately $3,541,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $26.71 on Monday. The company’s 50 day simple moving average is $26.78 and its 200 day simple moving average is $26.67. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.