Lodestar Private Asset Management LLC Acquires New Position in PIMCO Multi Sector Bond Active ETF $PYLD

Lodestar Private Asset Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 54,575 shares of the company’s stock, valued at approximately $1,386,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.9% during the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.1% during the second quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after purchasing an additional 1,570,862 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after purchasing an additional 1,406,458 shares during the last quarter. Retirement Planning Group LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter worth $193,884,000. Finally, Advance Capital Management Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 44.7% in the first quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock valued at $186,279,000 after purchasing an additional 2,195,875 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Up 0.1%

Shares of NYSEARCA:PYLD opened at $25.59 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.15 and a 52 week high of $27.04. The business has a fifty day simple moving average of $25.72 and a 200-day simple moving average of $26.27.

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.