White Pine Investment CO Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

White Pine Investment CO acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 519,433 shares of the company’s stock, valued at approximately $13,188,000. PIMCO Multi Sector Bond Active ETF comprises approximately 2.6% of White Pine Investment CO’s holdings, making the stock its 10th biggest holding. White Pine Investment CO owned about 0.08% of PIMCO Multi Sector Bond Active ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in PYLD. AdvisorNet Financial Inc acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $5,531,000. RDA Financial Network grew its stake in PIMCO Multi Sector Bond Active ETF by 1.5% during the 3rd quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after purchasing an additional 855 shares during the last quarter. Curated Wealth Partners LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $858,000. Wall Capital Group Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 9.5% in the third quarter. Wall Capital Group Inc. now owns 1,574,337 shares of the company’s stock valued at $39,972,000 after purchasing an additional 136,488 shares during the period. Finally, Mather Group LLC. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $30,000.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD stock opened at $25.50 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.15 and a fifty-two week high of $27.04. The stock’s 50-day simple moving average is $25.82 and its 200-day simple moving average is $26.16.

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.