PIMCO Multi Sector Bond Active ETF $PYLD Stake Raised by Landmark Wealth Management LLC

Landmark Wealth Management LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 68.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 490,426 shares of the company’s stock after purchasing an additional 199,846 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 3.0% of Landmark Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Landmark Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $12,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased 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 purchasing an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 13.1% during the second quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after buying an additional 1,570,862 shares during the period. Sequoia Financial Advisors LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 12.8% in 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 last quarter. Retirement Planning Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $193,884,000. Finally, NewEdge Advisors LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 15.0% in 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 last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $25.65 on Monday. The business has a 50-day moving average of $25.62 and a two-hundred day moving average of $26.22. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95.

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.