RFG Holdings Inc. Boosts Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

RFG Holdings Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,169,134 shares of the company’s stock after acquiring an additional 44,262 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 7.8% of RFG Holdings Inc.’s investment portfolio, making the stock its 4th largest holding. RFG Holdings Inc. owned 0.28% of PIMCO Multi Sector Bond Active ETF worth $31,193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. HighTower Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 95.5% during the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after acquiring an additional 4,160,437 shares in the last quarter. Bank of America Corp DE lifted its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after acquiring an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock worth $204,731,000 after acquiring an additional 3,099,332 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF by 340.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after acquiring an additional 2,474,706 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after acquiring an additional 2,368,593 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.44 on Monday. The business’s 50-day moving average price is $26.54 and its two-hundred day moving average price is $26.71. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

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