PIMCO Multi Sector Bond Active ETF $PYLD is Members Advisory Group LLC’s 3rd Largest Position

Members Advisory Group LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1,423.1% in the 4th quarter, Holdings Channel reports. The firm owned 757,167 shares of the company’s stock after buying an additional 707,456 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 7.6% of Members Advisory Group LLC’s holdings, making the stock its 3rd biggest position. Members Advisory Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $20,201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $2,408,000. Riverchase Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 21.0% during the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after purchasing an additional 85,673 shares during the last quarter. Castle Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 4.8% during the third quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock valued at $15,214,000 after purchasing an additional 26,047 shares during the last quarter. Great Point Wealth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at approximately $16,806,000. Finally, Beacon Financial Advisory LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 24.4% during the third quarter. Beacon Financial Advisory LLC now owns 443,056 shares of the company’s stock valued at $11,892,000 after purchasing an additional 86,920 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.54 on Wednesday. The firm has a 50 day moving average price of $26.51 and a 200-day moving average price of $26.70. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.81 and a twelve month 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. Shareholders of record on Monday, March 2nd were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a 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.