Parallel Advisors LLC Buys 1,246,684 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Parallel Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 717.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,420,538 shares of the company’s stock after purchasing an additional 1,246,684 shares during the quarter. Parallel Advisors LLC owned about 0.22% of PIMCO Multi Sector Bond Active ETF worth $36,067,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PYLD. MW Advisory LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the second quarter worth $1,688,000. Schuylkill Financial LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $3,211,000. Hutchens & Kramer Investment Management Group LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 13.3% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 875,246 shares of the company’s stock valued at $23,212,000 after buying an additional 102,574 shares in the last quarter. Capital Analysts LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 57.1% in the 2nd quarter. Capital Analysts LLC now owns 343,523 shares of the company’s stock worth $9,110,000 after purchasing an additional 124,804 shares during the last quarter. Finally, Members Advisory Group LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 16.3% during 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 last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock remained flat at $25.65 during midday trading on Friday. The company had a trading volume of 5,265,490 shares, compared to its average volume of 4,564,667. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.15 and a 12-month high of $26.95. The business has a fifty day moving average of $25.62 and a 200-day moving average of $26.22.

PIMCO Multi Sector Bond Active ETF Company 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.