PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 16.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,994,877 shares of the company’s stock after buying an additional 1,535,071 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.6% of Sequoia Financial Advisors LLC’s holdings, making the stock its 12th largest position. Sequoia Financial Advisors LLC owned approximately 2.27% of PIMCO Multi Sector Bond Active ETF worth $288,066,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Morgan Stanley boosted its stake in PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the period. Bank of America Corp DE boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after buying an additional 4,059,150 shares during the period. LPL Financial LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after acquiring an additional 3,727,898 shares during the period. HighTower Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF by 8.8% in the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares during the period. Finally, Advance Capital Management Inc. grew its position in 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 worth $186,279,000 after buying an additional 2,195,875 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.0%

PYLD stock traded down $0.01 during midday trading on Friday, hitting $26.30. The stock had a trading volume of 3,596,746 shares, compared to its average volume of 4,000,981. The stock has a 50-day simple moving average of $26.38 and a 200 day simple moving average of $26.54. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04.

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.