PIMCO Multi Sector Bond Active ETF $PYLD Shares Newly Purchased by Balentine LLC

Balentine LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 36,717 shares of the company’s stock, valued at approximately $932,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Milestone Asset Management LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 0.5% in the third quarter. Milestone Asset Management LLC now owns 77,155 shares of the company’s stock valued at $1,959,000 after purchasing an additional 410 shares in the last quarter. Signature Equity Partners LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 14.6% during the first quarter. Signature Equity Partners LLC now owns 3,359 shares of the company’s stock valued at $88,000 after purchasing an additional 428 shares during the period. Compound Planning Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.9% in the first quarter. Compound Planning Inc. now owns 15,047 shares of the company’s stock worth $394,000 after acquiring an additional 561 shares in the last quarter. RDA Financial Network lifted its stake in PIMCO Multi Sector Bond Active ETF by 1.5% in the third quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after buying an additional 855 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in PIMCO Multi Sector Bond Active ETF by 5.7% in the 2nd quarter. Allworth Financial LP now owns 16,091 shares of the company’s stock worth $427,000 after purchasing an additional 861 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $25.65 on Friday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.15 and a 12-month high of $26.95. The firm’s 50 day moving average is $25.62 and its 200-day moving average is $26.22.

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.