36,717 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Bought by Balentine LLC

Balentine LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 36,717 shares of the company’s stock, valued at approximately $932,000.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE boosted 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 valued at $604,905,000 after purchasing an additional 4,896,498 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in 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 valued at $359,393,000 after buying an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 12.8% in the second 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. Retirement Planning Group LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $193,884,000. Finally, NewEdge Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 15.0% during the second quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after buying an additional 839,295 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $25.65 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $26.95. The company has a 50 day moving average of $25.62 and a 200-day moving average of $26.22.

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.