Stonebridge Financial Group LLC Has $20.82 Million Stock Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Stonebridge Financial Group LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 478.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 784,273 shares of the company’s stock after acquiring an additional 648,674 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 2.0% of Stonebridge Financial Group LLC’s portfolio, making the stock its 14th biggest holding. Stonebridge Financial Group LLC owned approximately 0.33% of PIMCO Multi Sector Bond Active ETF worth $20,815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $50,000. Quest 10 Wealth Builders Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 50.4% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,934 shares of the company’s stock valued at $51,000 after acquiring an additional 648 shares in the last quarter. Redwood Park Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 13.2% in the 1st quarter. Redwood Park Advisors LLC now owns 3,964 shares of the company’s stock valued at $104,000 after purchasing an additional 462 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $131,000. Finally, Allworth Financial LP bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $149,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.1%

Shares of PYLD opened at $26.72 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $26.96. The business’s fifty day moving average is $26.68 and its 200-day moving average is $26.34.

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.