PAX Financial Group LLC increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 271,010 shares of the company’s stock after purchasing an additional 34,115 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 1.2% of PAX Financial Group LLC’s portfolio, making the stock its 22nd largest holding. PAX Financial Group LLC owned about 0.06% of PIMCO Multi Sector Bond Active ETF worth $7,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. HighTower Advisors LLC raised its position in shares of 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 acquiring an additional 4,160,437 shares during the last quarter. Bank of America Corp DE raised 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 acquiring an additional 4,059,150 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 68.4% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after acquiring an additional 3,099,332 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 340.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock valued at $85,685,000 after acquiring an additional 2,474,706 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after acquiring an additional 2,368,593 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.0%
Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.33 on Friday. The firm has a fifty day moving average of $26.38 and a two-hundred day moving average of $26.66. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.91 and a 52 week high of $27.04.
PIMCO Multi Sector Bond Active ETF 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.
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