Security Financial Services INC. Has $7.22 Million Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Security Financial Services INC. lessened its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 37.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 270,630 shares of the company’s stock after selling 160,888 shares during the quarter. Security Financial Services INC.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $7,220,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYLD. HighTower Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after buying an additional 4,160,437 shares during the last quarter. Bank of America Corp DE raised its position in 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 during the last quarter. Sequoia Financial Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 68.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after buying an additional 3,099,332 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in PIMCO Multi Sector Bond Active ETF by 340.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock valued at $85,685,000 after buying an additional 2,474,706 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 48.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after buying an additional 2,368,593 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.60 on Friday. The business’s 50 day simple moving average is $26.52 and its 200 day simple moving average is $26.70. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.80 and a 52-week high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.4%.

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.