796,390 PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by Novem Group

Novem Group decreased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 50.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 776,835 shares of the company’s stock after selling 796,390 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 2.0% of Novem Group’s portfolio, making the stock its 9th biggest holding. Novem Group owned 0.12% of PIMCO Multi Sector Bond Active ETF worth $19,724,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake 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 valued at $359,393,000 after purchasing an additional 1,570,862 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after purchasing an additional 1,406,458 shares during the last quarter. Advance Capital Management Inc. lifted its stake 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 valued at $186,279,000 after purchasing an additional 2,195,875 shares during the last quarter. Finally, Retirement Planning Group LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 12.1% during the first quarter. Retirement Planning Group LLC now owns 6,463,927 shares of the company’s stock worth $169,355,000 after buying an additional 695,457 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

NYSEARCA:PYLD traded down $0.05 during trading hours on Monday, reaching $25.40. 7,052,881 shares of the company’s stock were exchanged, compared to its average volume of 4,354,075. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $27.04. The business’s 50-day simple moving average is $25.81 and its two-hundred 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.