SlateStone Wealth LLC Acquires Shares of 68,437 PIMCO Multi Sector Bond Active ETF $PYLD

SlateStone Wealth LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the second quarter, HoldingsChannel reports. The firm acquired 68,437 shares of the company’s stock, valued at approximately $1,816,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PYLD. LPL Financial LLC increased 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 purchasing an additional 1,691,854 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 96.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,917,874 shares of the company’s stock valued at $130,520,000 after buying an additional 2,417,746 shares in the last quarter. Retirement Planning Group LLC grew 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. AE Wealth Management LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 43.1% during the second quarter. AE Wealth Management LLC now owns 4,531,478 shares of the company’s stock worth $120,265,000 after acquiring an additional 1,364,400 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 27.3% during 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 during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.82 on Tuesday. The stock has a 50 day moving average price of $26.81 and a 200-day moving average price of $26.53. PIMCO Multi Sector Bond Active ETF has a one year low of $25.42 and a one year high of $27.04.

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.