Envestnet Portfolio Solutions Inc. Grows Position in PIMCO Multi Sector Bond Active ETF $PYLD

Envestnet Portfolio Solutions Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 41.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 803,876 shares of the company’s stock after purchasing an additional 236,337 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.25% of PIMCO Multi Sector Bond Active ETF worth $21,576,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Riverchase Wealth Management LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 21.0% in the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock worth $13,243,000 after acquiring an additional 85,673 shares during the period. Great Point Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $16,806,000. Beacon Financial Advisory LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.4% in the 3rd quarter. Beacon Financial Advisory LLC now owns 443,056 shares of the company’s stock valued at $11,892,000 after purchasing an additional 86,920 shares in the last quarter. GeoWealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 39.5% in the 2nd quarter. GeoWealth Management LLC now owns 1,444,498 shares of the company’s stock worth $38,337,000 after purchasing an additional 409,080 shares during the period. Finally, RFG Holdings Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 18.5% in the 3rd quarter. RFG Holdings Inc. now owns 1,124,872 shares of the company’s stock worth $30,192,000 after purchasing an additional 175,387 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PYLD stock opened at $26.82 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04. The business’s 50 day moving average is $26.77 and its two-hundred day moving average is $26.70.

PIMCO Multi Sector Bond Active ETF Increases Dividend

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

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.