145,087 PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 82.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,756 shares of the company’s stock after purchasing an additional 145,087 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 0.9% of Wealth Enhancement Trust Services Inc.’s portfolio, making the stock its 23rd largest holding. Wealth Enhancement Trust Services Inc. owned about 0.05% of PIMCO Multi Sector Bond Active ETF worth $8,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.9% during the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after buying an additional 4,896,498 shares in the last quarter. Waverly Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 32,509.5% in the second quarter. Waverly Advisors LLC now owns 4,417,609 shares of the company’s stock valued at $117,155,000 after buying an additional 4,404,062 shares during the period. LPL Financial LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% in the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after buying an additional 3,727,898 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $87,004,000. Finally, Journey Advisory Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $60,262,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

NYSEARCA PYLD traded down $0.03 on Wednesday, hitting $25.31. The company’s stock had a trading volume of 11,366,973 shares, compared to its average volume of 4,205,329. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $27.04. The company’s 50-day moving average is $25.93 and its 200 day moving average is $26.20.

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.