DAVENPORT & Co LLC Raises Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

DAVENPORT & Co LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 457,438 shares of the company’s stock after acquiring an additional 27,227 shares during the quarter. DAVENPORT & Co LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $12,204,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $32,000. Texas Capital Bancshares Inc TX purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $67,000. Founders Financial Alliance LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $88,000. Colonial Trust Co SC acquired a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at $102,000. Finally, Sunbelt Securities Inc. increased its stake in PIMCO Multi Sector Bond Active ETF by 3,475.7% in the third quarter. Sunbelt Securities Inc. now owns 4,112 shares of the company’s stock valued at $110,000 after purchasing an additional 3,997 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

Shares of NYSEARCA:PYLD opened at $26.21 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04. The company has a 50-day simple moving average of $26.69 and a 200-day simple moving average of $26.76.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.12 dividend. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date was Monday, March 2nd.

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.