PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by First Heartland Consultants Inc.

First Heartland Consultants Inc. increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 742,653 shares of the company’s stock after acquiring an additional 27,720 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.6% of First Heartland Consultants Inc.’s portfolio, making the stock its 13th biggest holding. First Heartland Consultants Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $19,933,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. ORBA Wealth Advisors L.L.C. raised its stake in PIMCO Multi Sector Bond Active ETF by 0.7% during the third quarter. ORBA Wealth Advisors L.L.C. now owns 59,181 shares of the company’s stock worth $1,588,000 after purchasing an additional 401 shares during the period. NFP Retirement Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 0.6% during the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock worth $1,881,000 after buying an additional 420 shares during the last quarter. 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 buying an additional 481 shares during the period. Savant Capital LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 7.7% in the third quarter. Savant Capital LLC now owns 9,082 shares of the company’s stock valued at $244,000 after acquiring an additional 648 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 0.5% in the third quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock valued at $3,688,000 after acquiring an additional 699 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.93 on Tuesday. The stock has a 50 day moving average of $26.81 and a 200 day moving average of $26.77. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

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

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.