Means Investment CO. Inc. Increases Position in PIMCO Multi Sector Bond Active ETF $PYLD

Means Investment CO. Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 171.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 68,064 shares of the company’s stock after acquiring an additional 43,025 shares during the quarter. Means Investment CO. Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,816,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mather Group LLC. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $32,000. Networth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $34,000. JFS Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $51,000. Texas Capital Bancshares Inc TX purchased a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $67,000. Finally, Bangor Savings Bank purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $70,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

Shares of PYLD opened at $26.54 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.80 and a 1-year high of $27.04. The company has a 50-day moving average of $26.53 and a 200 day moving average of $26.70.

PIMCO Multi Sector Bond Active ETF Announces Dividend

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

PIMCO Multi Sector Bond Active ETF 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.