Brick & Kyle Associates Purchases Shares of 352,982 PIMCO Multi Sector Bond Active ETF $PYLD

Brick & Kyle Associates acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 352,982 shares of the company’s stock, valued at approximately $9,474,000. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.5% of Brick & Kyle Associates’ portfolio, making the stock its 7th biggest holding. Brick & Kyle Associates owned approximately 0.11% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. ORBA Wealth Advisors L.L.C. boosted its holdings in shares of 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. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.6% in 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. Savant Capital LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 7.7% during the 3rd quarter. Savant Capital LLC now owns 9,082 shares of the company’s stock valued at $244,000 after purchasing an additional 648 shares during the period. StoneCrest Wealth Management Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 0.5% during the 3rd quarter. StoneCrest Wealth Management Inc. now owns 137,400 shares of the company’s stock valued at $3,688,000 after purchasing an additional 699 shares during the period. Finally, MONECO Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 9.4% during the 3rd quarter. MONECO Advisors LLC now owns 8,320 shares of the company’s stock valued at $223,000 after purchasing an additional 713 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.3%

NYSEARCA PYLD opened at $26.24 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04. The stock has a 50 day simple moving average of $26.77 and a two-hundred day simple moving average of $26.78.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. 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.