Sequoia Financial Advisors LLC Acquires 1,831,959 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Sequoia Financial Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 24.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,459,806 shares of the company’s stock after buying an additional 1,831,959 shares during the period. PIMCO Multi Sector Bond Active ETF makes up 1.4% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 13th largest holding. Sequoia Financial Advisors LLC owned approximately 2.22% of PIMCO Multi Sector Bond Active ETF worth $252,388,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. D.B. Root & Company LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 13.0% during the fourth quarter. D.B. Root & Company LLC now owns 1,155,534 shares of the company’s stock worth $30,830,000 after acquiring an additional 133,127 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.5% in the 4th quarter. RFG Advisory LLC now owns 328,215 shares of the company’s stock worth $8,757,000 after purchasing an additional 68,742 shares during the period. AssuredPartners Investment Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 232.7% during the 4th quarter. AssuredPartners Investment Advisors LLC now owns 103,626 shares of the company’s stock valued at $2,765,000 after purchasing an additional 72,475 shares during the last quarter. Gallacher Capital Management LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 1.3% during the 4th quarter. Gallacher Capital Management LLC now owns 52,198 shares of the company’s stock valued at $1,393,000 after purchasing an additional 690 shares during the last quarter. Finally, Falcon Wealth Planning raised its holdings in PIMCO Multi Sector Bond Active ETF by 7.5% during the 4th quarter. Falcon Wealth Planning now owns 2,109,331 shares of the company’s stock valued at $56,277,000 after buying an additional 147,719 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.46 on Thursday. The business has a fifty day moving average of $26.44 and a 200 day moving average of $26.68. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.91 and a 52-week high of $27.04.

About PIMCO Multi Sector Bond Active ETF

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.