Silverlake Wealth Management LLC Makes New $631,000 Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Silverlake Wealth Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 23,635 shares of the company’s stock, valued at approximately $631,000.

Several other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd 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 during the last quarter. HighTower Advisors LLC raised its holdings in 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 valued at $228,577,000 after buying an additional 4,160,437 shares during the period. Sequoia Financial Advisors LLC lifted its position in 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 worth $204,731,000 after buying an additional 3,099,332 shares during the last quarter. 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 buying an additional 2,368,593 shares during the last quarter. Finally, Retirement Planning Group LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 11.0% during the third quarter. Retirement Planning Group LLC now owns 5,301,950 shares of the company’s stock worth $142,304,000 after buying an additional 524,508 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

PYLD stock opened at $26.15 on Wednesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.42 and a twelve month high of $27.04. The firm’s fifty day simple moving average is $26.70 and its two-hundred day simple moving average is $26.76.

PIMCO Multi Sector Bond Active ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%.

About PIMCO Multi Sector Bond Active ETF

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.