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

Williams & Novak LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.1% during the third quarter, HoldingsChannel.com reports. The institutional investor 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 accounts for 2.6% of Williams & Novak LLC’s portfolio, making the stock its 6th largest position. 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 added to or reduced their stakes in PYLD. Mark Sheptoff Financial Planning LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 481 shares during the period. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth $32,000. MTM Investment Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $60,000. Cranbrook Wealth Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter valued at $130,000. Finally, Redwood Park Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF by 38.7% in the 2nd quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after purchasing an additional 1,536 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

NYSEARCA PYLD opened at $26.76 on Wednesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The firm 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 business also recently declared a monthly dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were given a $0.13 dividend. This represents a c) dividend on an annualized basis and a yield of 5.8%. This is a positive change from PIMCO Multi Sector Bond Active ETF’s previous monthly dividend of $0.11. The ex-dividend date was Wednesday, December 31st.

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.