Base Wealth Management LLC Has $12.77 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Base Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 12.7% during the 4th quarter, HoldingsChannel reports. The fund owned 478,568 shares of the company’s stock after purchasing an additional 53,818 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 6.9% of Base Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Base Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $12,768,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $2,408,000. Members Advisory Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $1,334,000. Riverchase Wealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 21.0% in the 3rd quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after buying an additional 85,673 shares during the last quarter. Castle Wealth Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 4.8% in the 3rd quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock valued at $15,214,000 after buying an additional 26,047 shares during the last quarter. Finally, Great Point Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $16,806,000.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.22 on Monday. 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’s 50 day moving average price is $26.59 and its two-hundred day moving average price is $26.72.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The firm also recently declared 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) dividend on an annualized basis and a dividend 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.