Pinnacle Financial Group LLC IL Purchases 19,939 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Pinnacle Financial Group LLC IL raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 10.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 219,772 shares of the company’s stock after buying an additional 19,939 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 1.3% of Pinnacle Financial Group LLC IL’s investment portfolio, making the stock its 21st biggest position. Pinnacle Financial Group LLC IL’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,580,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Schuylkill Financial LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at $3,211,000. Members Advisory Group LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 16.3% in the second quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock valued at $24,116,000 after buying an additional 127,147 shares during the last quarter. MW Advisory LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth approximately $1,688,000. Hutchens & Kramer Investment Management Group LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.3% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock worth $23,212,000 after purchasing an additional 102,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew 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 purchasing an additional 1,406,458 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $25.63 on Monday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $26.95. The stock has a 50 day moving average price of $25.68 and a 200 day moving average price of $26.26.

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.