Brighton Jones LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the third quarter, HoldingsChannel reports. The fund acquired 206,415 shares of the company’s stock, valued at approximately $5,241,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position 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 worth $604,905,000 after buying an additional 4,896,498 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.1% during the second 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 second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after acquiring an additional 1,406,458 shares during the period. Retirement Planning Group LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $193,884,000. Finally, NewEdge Advisors LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 15.0% in the second quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock valued at $171,010,000 after acquiring an additional 839,295 shares during the period.
PIMCO Multi Sector Bond Active ETF Stock Performance
PYLD stock opened at $25.65 on Monday. The company’s 50-day simple moving average is $25.62 and its 200 day simple moving average is $26.22. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95.
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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