RiverTree Advisors LLC Invests $761,000 in PIMCO Multi Sector Bond Active ETF $PYLD

RiverTree Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 28,530 shares of the company’s stock, valued at approximately $761,000.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of 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 valued at $417,991,000 after acquiring an additional 4,059,150 shares during the last quarter. HighTower Advisors LLC increased its position in shares of 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 purchasing an additional 4,160,437 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of 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 purchasing an additional 3,099,332 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in PIMCO Multi Sector Bond Active ETF by 48.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after purchasing an additional 2,368,593 shares during the last quarter. Finally, Retirement Planning Group LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 11.0% in the 3rd quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock valued at $142,304,000 after purchasing an additional 524,508 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $25.94 on Monday. 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’s fifty day moving average is $26.66 and its two-hundred day moving average is $26.75.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.12 dividend. This represents a c) annualized dividend and a yield of 5.6%. 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.