PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by NavPoint Financial Inc.

NavPoint Financial Inc. raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 105.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,775 shares of the company’s stock after purchasing an additional 56,729 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.3% of NavPoint Financial Inc.’s investment portfolio, making the stock its 22nd biggest position. NavPoint Financial Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Mather Group LLC. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $32,000. JFS Wealth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth approximately $51,000. Texas Capital Bancshares Inc TX acquired a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $67,000. Bangor Savings Bank acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $70,000. Finally, Founders Financial Alliance LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $88,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.22 on Monday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04. The firm has a 50 day moving average of $26.59 and a two-hundred day moving average of $26.72.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

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

PIMCO Multi Sector Bond Active ETF Company 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.