Lake Street Private Wealth LLC Purchases 26,720 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Lake Street Private Wealth LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 8.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 340,394 shares of the company’s stock after purchasing an additional 26,720 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 1.2% of Lake Street Private Wealth LLC’s investment portfolio, making the stock its 20th largest position. Lake Street Private Wealth LLC owned approximately 0.10% of PIMCO Multi Sector Bond Active ETF worth $9,136,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PYLD. Mark Sheptoff Financial Planning LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 82.2% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 481 shares during the period. Mather Group LLC. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $32,000. MTM Investment Management LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter valued at about $60,000. Founders Financial Alliance LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $88,000. Finally, Cranbrook Wealth Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $130,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

NYSEARCA:PYLD opened at $26.93 on Tuesday. The stock has a 50-day moving average price of $26.81 and a 200 day moving average price of $26.77. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.42 and a 12-month high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Monday, February 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.