Intelligence Driven Advisers LLC Buys 32,756 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Intelligence Driven Advisers LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 30.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 139,945 shares of the company’s stock after purchasing an additional 32,756 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 0.6% of Intelligence Driven Advisers LLC’s holdings, making the stock its 20th biggest holding. Intelligence Driven Advisers LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,667,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of PYLD. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $32,000. O Shaughnessy Asset Management LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Networth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Finally, PNC Financial Services Group Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after acquiring an additional 1,325 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.11 on Monday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The company’s 50 day simple moving average is $26.35 and its 200 day simple moving average is $26.50.

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.