PIMCO Multi Sector Bond Active ETF $PYLD Shares Sold by LHM Inc.

LHM Inc. decreased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 24.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 454,493 shares of the company’s stock after selling 150,696 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 4.5% of LHM Inc.’s investment portfolio, making the stock its 2nd largest position. LHM Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $12,126,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after buying an additional 4,059,150 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after buying an additional 1,831,959 shares during the period. HighTower Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after buying an additional 2,368,593 shares during the period. Finally, AE Wealth Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 36.0% during the fourth quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock worth $172,866,000 after buying an additional 1,716,503 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

Shares of PYLD opened at $26.46 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 firm has a 50-day simple moving average of $26.35 and a 200-day simple moving average of $26.62.

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.