Ashton Thomas Private Wealth LLC Invests $2.41 Million in PIMCO Multi Sector Bond Active ETF $PYLD

Ashton Thomas Private Wealth LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 89,726 shares of the company’s stock, valued at approximately $2,408,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYLD. Mark Sheptoff Financial Planning LLC lifted its stake 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 buying an additional 481 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $32,000. MTM Investment Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $60,000. Cranbrook Wealth Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at about $130,000. Finally, Redwood Park Advisors LLC boosted its stake in 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 valued at $146,000 after purchasing an additional 1,536 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.76 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04. The business has a 50 day moving average price of $26.78 and a 200-day moving average price of $26.73.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.12 dividend. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.