TruWealth Advisors LLC Acquires 1,277,890 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

TruWealth Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 49.6% in the third quarter, Holdings Channel reports. The institutional investor owned 3,855,961 shares of the company’s stock after purchasing an additional 1,277,890 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 5.2% of TruWealth Advisors LLC’s holdings, making the stock its 3rd biggest holding. TruWealth Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $103,494,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. NFP Retirement Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 0.6% during the second quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock worth $1,881,000 after purchasing an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 82.2% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 481 shares in the last quarter. Lloyd Advisory Services LLC. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 2.7% during the 2nd quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock worth $626,000 after buying an additional 612 shares during the last quarter. WestHill Financial Advisors Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 2.1% during the 2nd quarter. WestHill Financial Advisors Inc. now owns 39,556 shares of the company’s stock worth $1,050,000 after buying an additional 808 shares during the last quarter. Finally, Taylor & Morgan Wealth Management LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 1.9% in the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 52,520 shares of the company’s stock valued at $1,394,000 after buying an additional 1,000 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of NYSEARCA:PYLD opened at $26.70 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.42 and a 12 month high of $27.04. The company’s fifty day moving average price is $26.80 and its 200 day moving average price is $26.61.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Wednesday, December 10th were given a dividend of $0.1069 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Wednesday, December 10th.

PIMCO Multi Sector Bond Active ETF Company 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.