Williams & Novak LLC Has $3.42 Million Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Williams & Novak LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,502 shares of the company’s stock after acquiring an additional 25,610 shares during the period. PIMCO Multi Sector Bond Active ETF comprises about 2.6% of Williams & Novak LLC’s investment portfolio, making the stock its 6th biggest holding. Williams & Novak LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,422,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in PYLD. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares during the last quarter. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth $32,000. MTM Investment Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the second quarter worth $60,000. Cranbrook Wealth Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at $130,000. Finally, Redwood Park Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 38.7% during the second quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock valued at $146,000 after acquiring an additional 1,536 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.76 on Wednesday. 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 $26.77 and a 200-day simple moving average of $26.70.

PIMCO Multi Sector Bond Active ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were issued a $0.13 dividend. This is a boost from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. The ex-dividend date was Wednesday, December 31st. This represents a c) annualized dividend and a yield of 5.8%.

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.