Private Trust Co. NA Raises Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Private Trust Co. NA increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 190.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,116 shares of the company’s stock after buying an additional 27,639 shares during the period. Private Trust Co. NA’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,130,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in PYLD. GeoWealth Management LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 39.5% during the 2nd quarter. GeoWealth Management LLC now owns 1,444,498 shares of the company’s stock worth $38,337,000 after buying an additional 409,080 shares in the last quarter. Bare Financial Services Inc lifted its stake in PIMCO Multi Sector Bond Active ETF by 3.0% in the second quarter. Bare Financial Services Inc now owns 478,385 shares of the company’s stock worth $12,696,000 after acquiring an additional 14,123 shares during the period. Eclectic Associates Inc. ADV lifted its stake in PIMCO Multi Sector Bond Active ETF by 55.4% in the third quarter. Eclectic Associates Inc. ADV now owns 526,872 shares of the company’s stock worth $14,141,000 after acquiring an additional 187,732 shares during the period. Cherrydale Wealth Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 8.5% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock worth $3,623,000 after acquiring an additional 10,748 shares in the last quarter. Finally, CWM LLC increased its position in PIMCO Multi Sector Bond Active ETF by 216.3% during the 2nd quarter. CWM LLC now owns 1,336,115 shares of the company’s stock valued at $35,461,000 after purchasing an additional 913,640 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.84 on Friday. The firm has a 50-day simple moving average of $26.80 and a 200-day simple moving average of $26.64. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year 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. Investors of record on Wednesday, December 10th were paid a $0.1069 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.