Parr Mcknight Wealth Management Group LLC Has $3.99 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Parr Mcknight Wealth Management Group LLC raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 150,190 shares of the company’s stock after purchasing an additional 22,449 shares during the period. Parr Mcknight Wealth Management Group LLC owned approximately 0.06% of PIMCO Multi Sector Bond Active ETF worth $3,986,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Mark Sheptoff Financial Planning LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 82.2% in the second 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. MTM Investment Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $60,000. Redwood Park Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 38.7% during the 2nd quarter. Redwood Park Advisors LLC now owns 5,500 shares of the company’s stock worth $146,000 after purchasing an additional 1,536 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 198.2% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 5,666 shares of the company’s stock worth $150,000 after purchasing an additional 3,766 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of PIMCO Multi Sector Bond Active ETF by 48.0% in the second quarter. Parkside Financial Bank & Trust now owns 5,774 shares of the company’s stock worth $153,000 after purchasing an additional 1,873 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.1%

PYLD stock opened at $26.65 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $27.04. The business has a 50-day simple moving average of $26.80 and a 200 day simple moving average of $26.60.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 10th were paid a $0.1069 dividend. This represents a c) dividend on an annualized basis 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.