Sowell Financial Services LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 91,029 shares of the company’s stock, valued at approximately $2,311,000.
Other large investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after buying an additional 4,896,498 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of 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 worth $359,393,000 after buying an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of 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 worth $328,883,000 after buying an additional 1,406,458 shares in the last quarter. Retirement Planning Group LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $193,884,000. Finally, Advance Capital Management Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 44.7% in the 1st quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after acquiring an additional 2,195,875 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PYLD opened at $25.63 on Friday. The company has a 50-day moving average of $25.68 and a two-hundred day moving average of $26.26. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.15 and a 12-month high of $26.95.
PIMCO Multi Sector Bond Active ETF Company 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.
Recommended Stories
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
