First Heartland Consultants Inc. Has $22.53 Million Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

First Heartland Consultants Inc. raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 13.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 844,578 shares of the company’s stock after acquiring an additional 101,925 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 1.7% of First Heartland Consultants Inc.’s holdings, making the stock its 12th largest holding. First Heartland Consultants Inc. owned 0.22% of PIMCO Multi Sector Bond Active ETF worth $22,533,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. HighTower Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the 3rd 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. Bank of America Corp DE raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 35.3% in 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 purchasing an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 68.4% in the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after purchasing an additional 3,099,332 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 340.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after purchasing an additional 2,474,706 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 48.2% in the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after purchasing an additional 2,368,593 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

PYLD opened at $26.17 on Tuesday. The firm’s fifty day moving average price is $26.71 and its two-hundred day moving average price is $26.77. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders 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 of this dividend was Monday, March 2nd.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.