PIMCO Multi Sector Bond Active ETF $PYLD Stock Holdings Increased by Foundry Financial Group Inc.

Foundry Financial Group Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 95.6% during the 3rd quarter, Holdings Channel reports. The firm owned 208,819 shares of the company’s stock after acquiring an additional 102,083 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 2.2% of Foundry Financial Group Inc.’s investment portfolio, making the stock its 15th largest position. Foundry Financial Group Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,302,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.9% during the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after buying an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. raised its stake 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 worth $359,393,000 after acquiring an additional 1,570,862 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 12.8% in 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 during the last quarter. Retirement Planning Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth $193,884,000. Finally, Advance Capital Management Inc. lifted its position in PIMCO Multi Sector Bond Active ETF by 44.7% during the 1st quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock worth $186,279,000 after acquiring an additional 2,195,875 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

Shares of PYLD opened at $25.62 on Friday. The stock has a 50-day moving average of $25.69 and a two-hundred day moving average of $26.26. PIMCO Multi Sector Bond Active ETF has a one year low of $25.15 and a one year high of $26.95.

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.