53,514 PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by Riverchase Wealth Management LLC

Riverchase Wealth Management LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 744,802 shares of the company’s stock after purchasing an additional 53,514 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for about 9.2% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Riverchase Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $18,911,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Members Advisory Group LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 16.3% in the second quarter. Members Advisory Group LLC now owns 909,360 shares of the company’s stock worth $24,116,000 after buying an additional 127,147 shares during the period. MW Advisory LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at about $1,688,000. Schuylkill Financial LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at about $3,211,000. Hutchens & Kramer Investment Management Group LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 13.3% during the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock worth $23,212,000 after acquiring an additional 102,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in 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 acquiring an additional 1,406,458 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PYLD opened at $25.62 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $26.95. The company has a fifty day simple moving average of $25.69 and a 200 day simple moving average of $26.26.

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.