ERn Financial LLC Grows Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

ERn Financial LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 438,407 shares of the company’s stock after purchasing an additional 40,212 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 2.2% of ERn Financial LLC’s investment portfolio, making the stock its 9th biggest holding. ERn Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,697,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of PYLD. HighTower Advisors LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after purchasing an additional 4,160,437 shares in the last quarter. Bank of America Corp DE increased its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% in the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after buying an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 68.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after buying an additional 3,099,332 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 340.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after buying an additional 2,474,706 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after acquiring an additional 2,368,593 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.20 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.42 and a 1 year high of $27.04. The stock has a 50-day moving average price of $26.63 and a two-hundred day moving average price of $26.74.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Monday, March 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.