StoneX Group Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,945 shares of the company’s stock, valued at approximately $611,000.
Several other hedge funds and other institutional investors have also modified their holdings of PYLD. Bank of America Corp DE raised its stake in PIMCO Multi Sector Bond Active ETF by 26.9% during the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after purchasing an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 12.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after purchasing an additional 1,406,458 shares during the period. Retirement Planning Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $193,884,000. Finally, NewEdge Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF by 15.0% in the 2nd quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after purchasing an additional 839,295 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA:PYLD opened at $25.54 on Thursday. The firm’s 50-day moving average is $25.59 and its 200-day moving average is $26.21. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.15 and a 52-week high of $26.95.
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.
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