Trademark Financial Management LLC Grows Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Trademark Financial Management LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 36.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 136,258 shares of the company’s stock after acquiring an additional 36,543 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 1.7% of Trademark Financial Management LLC’s investment portfolio, making the stock its 16th largest position. Trademark Financial Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,570,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in PYLD. Goldman Sachs Group Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $297,000. Jane Street Group LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $3,541,000. Cetera Investment Advisers acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth about $261,000. JPMorgan Chase & Co. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 66.2% during the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after purchasing an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.39 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The company has a 50 day moving average price of $26.40 and a 200 day moving average price of $26.55.

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.