PIMCO Multi Sector Bond Active ETF $PYLD is Drake & Associates LLC’s 10th Largest Position

Drake & Associates LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 8.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 888,004 shares of the company’s stock after purchasing an additional 70,930 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 4.7% of Drake & Associates LLC’s investment portfolio, making the stock its 10th biggest holding. Drake & Associates LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $23,692,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beckerman Institutional LLC grew its position in PIMCO Multi Sector Bond Active ETF by 1.4% during the 4th quarter. Beckerman Institutional LLC now owns 30,350 shares of the company’s stock worth $810,000 after purchasing an additional 405 shares during the period. ACT Advisors LLC. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 2.6% in the 4th quarter. ACT Advisors LLC. now owns 16,915 shares of the company’s stock valued at $451,000 after buying an additional 428 shares during the period. Raleigh Capital Management Inc. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.8% in the 4th quarter. Raleigh Capital Management Inc. now owns 11,975 shares of the company’s stock valued at $320,000 after buying an additional 442 shares during the period. OmniStar Financial Group Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.7% in the third quarter. OmniStar Financial Group Inc. now owns 85,141 shares of the company’s stock worth $2,285,000 after buying an additional 562 shares during the last quarter. Finally, Altfest L J & Co. Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.9% in the fourth quarter. Altfest L J & Co. Inc. now owns 68,447 shares of the company’s stock worth $1,826,000 after buying an additional 579 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PIMCO Multi Sector Bond Active ETF stock opened at $26.46 on Friday. The business’s 50-day moving average price is $26.41 and its 200 day moving average price is $26.57. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 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.