PIMCO Multi Sector Bond Active ETF $PYLD Holdings Raised by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 22.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,840 shares of the company’s stock after purchasing an additional 3,422 shares during the quarter. Pasadena Private Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $500,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PYLD. LPL Financial LLC raised its position in PIMCO Multi Sector Bond Active ETF by 41.2% in the first quarter. LPL Financial LLC now owns 5,799,134 shares of the company’s stock worth $152,807,000 after acquiring an additional 1,691,854 shares in the last quarter. Envestnet Asset Management Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 96.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock worth $130,520,000 after acquiring an additional 2,417,746 shares in the last quarter. Retirement Planning Group LLC raised its position in PIMCO Multi Sector Bond Active ETF by 6.4% in the second quarter. Retirement Planning Group LLC now owns 4,777,442 shares of the company’s stock worth $126,793,000 after acquiring an additional 288,106 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 27.3% in the second quarter. Sequoia Financial Advisors LLC now owns 4,528,515 shares of the company’s stock worth $120,187,000 after acquiring an additional 971,867 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 56.4% in the first quarter. HighTower Advisors LLC now owns 4,056,400 shares of the company’s stock worth $106,886,000 after acquiring an additional 1,463,026 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.95 on Monday. The company’s 50-day moving average price is $26.76 and its two-hundred day moving average price is $26.40. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week high of $26.98.

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.