Commonwealth Equity Services LLC Has $79.05 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Commonwealth Equity Services LLC grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 34.1% during the third quarter, HoldingsChannel reports. The firm owned 2,945,044 shares of the company’s stock after buying an additional 749,377 shares during the quarter. Commonwealth Equity Services LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $79,045,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. NFP Retirement Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 0.6% in the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after purchasing an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the second 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. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.7% during the second quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock worth $626,000 after buying an additional 612 shares in the last quarter. WestHill Financial Advisors Inc. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 2.1% in the 2nd 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 during the last quarter. Finally, Taylor & Morgan Wealth Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1.9% during the 2nd 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 Stock Performance

Shares of PYLD stock opened at $26.73 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The stock’s fifty day simple moving average is $26.78 and its 200 day simple moving average is $26.67.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.