Dahring Cusmano LLC Buys 36,080 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Dahring Cusmano LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 681,755 shares of the company’s stock after buying an additional 36,080 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 12.6% of Dahring Cusmano LLC’s portfolio, making the stock its biggest position. Dahring Cusmano LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $18,189,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 35.3% in the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after purchasing an additional 4,059,150 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after purchasing an additional 1,831,959 shares during the period. HighTower Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after purchasing an additional 4,160,437 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 48.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after purchasing an additional 2,368,593 shares during the period. Finally, AE Wealth Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 36.0% in the 4th quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock valued at $172,866,000 after purchasing an additional 1,716,503 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.33 on Friday. The business’s 50-day moving average is $26.38 and its 200-day moving average is $26.66. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.91 and a 1 year high of $27.04.

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.