PIMCO Multi Sector Bond Active ETF $PYLD Stake Boosted by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 24.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 443,056 shares of the company’s stock after purchasing an additional 86,920 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 2.8% of Beacon Financial Advisory LLC’s portfolio, making the stock its 3rd biggest position. Beacon Financial Advisory LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,892,000 at the end of the most recent quarter.

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

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.82 on Friday. 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 company has a fifty day moving average of $26.77 and a two-hundred day moving average of $26.69.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

About PIMCO Multi Sector Bond Active ETF

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.