Base Wealth Management LLC Buys 40,777 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Base Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 424,750 shares of the company’s stock after purchasing an additional 40,777 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 6.5% of Base Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Base Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of PYLD. NFP Retirement Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 0.6% in the 2nd quarter. NFP Retirement Inc. now owns 70,856 shares of the company’s stock valued at $1,881,000 after buying an additional 420 shares during the last quarter. Mark Sheptoff Financial Planning LLC boosted 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 valued at $28,000 after acquiring an additional 481 shares during the period. Lloyd Advisory Services LLC. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 2.7% in the second quarter. Lloyd Advisory Services LLC. now owns 23,596 shares of the company’s stock valued at $626,000 after purchasing an additional 612 shares during the last quarter. WestHill Financial Advisors Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 2.1% in the second quarter. WestHill Financial Advisors Inc. now owns 39,556 shares of the company’s stock valued at $1,050,000 after purchasing an additional 808 shares during the last quarter. Finally, Taylor & Morgan Wealth Management LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.9% in the second quarter. Taylor & Morgan Wealth Management LLC now owns 52,520 shares of the company’s stock worth $1,394,000 after purchasing an additional 1,000 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.86 on Tuesday. The stock has a 50-day simple moving average of $26.80 and a 200 day simple moving average of $26.65. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04.

PIMCO Multi Sector Bond Active ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Wednesday, December 10th were given a $0.1069 dividend. This represents a c) annualized dividend and a dividend 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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.