Thrivent Financial for Lutherans raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 7,570.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 827,521 shares of the company’s stock after acquiring an additional 816,733 shares during the period. Thrivent Financial for Lutherans’ holdings in PIMCO Multi Sector Bond Active ETF were worth $22,080,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of PYLD. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $42,000. JFS Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $51,000. GGM Financials LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $54,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth $67,000.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of NYSEARCA PYLD opened at $26.22 on Monday. The company’s fifty day moving average price is $26.37 and its 200 day moving average price is $26.65. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.91 and a 1 year high of $27.04.
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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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).
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