PIMCO Multi Sector Bond Active ETF $PYLD Stock Position Lifted by Weaver Consulting Group

Weaver Consulting Group raised its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 31.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 358,989 shares of the company’s stock after acquiring an additional 86,442 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 1.8% of Weaver Consulting Group’s holdings, making the stock its 8th largest holding. Weaver Consulting Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $9,115,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Ballew Advisors Inc lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 283.7% during the third quarter. Ballew Advisors Inc now owns 42,150 shares of the company’s stock worth $1,063,000 after purchasing an additional 31,164 shares during the period. Eastern Bank acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $64,000. First Citizens Financial Corp boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.7% in the 3rd quarter. First Citizens Financial Corp now owns 100,695 shares of the company’s stock valued at $2,557,000 after acquiring an additional 6,285 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 186,106 shares of the company’s stock valued at $4,936,000 after acquiring an additional 46,785 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of 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 during the period.

PIMCO Multi Sector Bond Active ETF Trading Down 0.0%

NYSEARCA PYLD traded down $0.01 on Wednesday, reaching $25.34. 5,574,852 shares of the company’s stock traded hands, compared to its average volume of 4,173,819. 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 has a 50 day moving average price of $25.93 and a 200-day moving average price of $26.20.

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.