Thrivent Financial for Lutherans Boosts Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Thrivent Financial for Lutherans grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7,570.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 827,521 shares of the company’s stock after buying an additional 816,733 shares during the period. Thrivent Financial for Lutherans owned 0.19% of PIMCO Multi Sector Bond Active ETF worth $22,080,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $34,000. Legacy Wealth Managment LLC ID purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $42,000. JFS Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $51,000. GGM Financials LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $54,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $67,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $26.22 on Monday. The business’s 50 day moving average price is $26.37 and its 200 day moving average price is $26.65. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.91 and a 52 week high of $27.04.

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.