Schwallier Wealth Management LLC reduced its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 55.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,465 shares of the company’s stock after selling 48,172 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 0.7% of Schwallier Wealth Management LLC’s holdings, making the stock its 25th largest position. Schwallier Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,002,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in 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 acquiring an additional 4,896,498 shares during the period. Envestnet Asset Management Inc. raised its position in 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 valued at $359,393,000 after acquiring an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 12.8% during 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 in the last quarter. Retirement Planning Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $193,884,000. Finally, NewEdge Advisors LLC lifted its holdings in 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
PIMCO Multi Sector Bond Active ETF stock opened at $25.54 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95. The stock’s 50 day simple moving average is $25.59 and its two-hundred day simple moving average is $26.21.
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.
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