PIMCO Multi Sector Bond Active ETF $PYLD Stock Holdings Reduced by Flynn Zito Capital Management LLC

Flynn Zito Capital Management LLC reduced its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 9.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 582,184 shares of the company’s stock after selling 62,487 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for 3.9% of Flynn Zito Capital Management LLC’s holdings, making the stock its 7th biggest holding. Flynn Zito Capital Management LLC owned 0.09% of PIMCO Multi Sector Bond Active ETF worth $14,782,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in shares of 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 purchasing an additional 4,896,498 shares in the last quarter. Envestnet Asset Management Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock valued at $359,393,000 after buying an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 12.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after buying an additional 1,406,458 shares during the period. Retirement Planning Group LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth approximately $193,884,000. Finally, NewEdge Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 15.0% during the 2nd quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after buying an additional 839,295 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

Shares of NYSEARCA:PYLD opened at $25.69 on Tuesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $26.95. The stock’s 50 day moving average is $25.61 and its 200-day moving average is $26.22.

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.