PFG Advisors Has $6.74 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

PFG Advisors grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 21.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,538 shares of the company’s stock after purchasing an additional 44,716 shares during the period. PFG Advisors owned about 0.06% of PIMCO Multi Sector Bond Active ETF worth $6,738,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PYLD. Goldman Sachs Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $297,000. Jane Street Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $3,541,000. Cetera Investment Advisers acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $261,000. JPMorgan Chase & Co. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 66.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after purchasing an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 73.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after purchasing an additional 1,166,083 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

NYSEARCA:PYLD opened at $26.62 on Tuesday. The firm’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 one year low of $25.80 and a one year high of $27.04.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

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.