118,535 PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 12.6% during the third quarter, Holdings Channel reports. The fund owned 1,057,059 shares of the company’s stock after buying an additional 118,535 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 4.1% of Rainey & Randall Wealth Advisors Inc.’s holdings, making the stock its 9th largest holding. Rainey & Randall Wealth Advisors Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $26,839,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Members Advisory Group LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 16.3% during the second quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock valued at $24,116,000 after acquiring an additional 127,147 shares during the last quarter. MW Advisory LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $1,688,000. Schuylkill Financial LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth approximately $3,211,000. Hutchens & Kramer Investment Management Group LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 13.3% during the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock worth $23,212,000 after buying an additional 102,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 12.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock valued at $328,883,000 after buying an additional 1,406,458 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

NYSEARCA PYLD opened at $25.56 on Tuesday. The business’s fifty day simple moving average is $25.73 and its 200-day simple moving average is $26.28. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 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.