PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Landmark Wealth Management LLC

Landmark Wealth Management LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 68.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 490,426 shares of the company’s stock after purchasing an additional 199,846 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 3.0% of Landmark Wealth Management LLC’s holdings, making the stock its 5th largest holding. Landmark Wealth Management LLC owned 0.08% of PIMCO Multi Sector Bond Active ETF worth $12,452,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. Bank of America Corp DE raised its stake in 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 during the last quarter. Envestnet Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd 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 in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after purchasing an additional 1,406,458 shares during the last quarter. Retirement Planning Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $193,884,000. Finally, NewEdge Advisors LLC grew its holdings in shares of 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 in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $25.65 on Monday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95. The company has a 50-day simple moving average of $25.62 and a 200-day simple moving average of $26.22.

PIMCO Multi Sector Bond Active ETF Company 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.