ERn Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 540,381 shares of the company’s stock after buying an additional 40,280 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 2.2% of ERn Financial LLC’s portfolio, making the stock its 10th largest position. ERn Financial LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $13,720,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in PYLD. Bank of America Corp DE raised its stake in PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after buying an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 13.1% in the second quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after acquiring an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in 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 worth $328,883,000 after acquiring an additional 1,406,458 shares in the last quarter. Retirement Planning Group LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth about $193,884,000. Finally, Advance Capital Management Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 44.7% during the first quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after acquiring an additional 2,195,875 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Up 0.2%
PYLD stock opened at $25.62 on Friday. The firm has a 50 day moving average of $25.69 and a 200 day moving average of $26.26. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $26.95.
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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