RFG Holdings Inc. raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,624,039 shares of the company’s stock after buying an additional 51,844 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 7.1% of RFG Holdings Inc.’s investment portfolio, making the stock its 3rd largest holding. RFG Holdings Inc. owned approximately 0.25% of PIMCO Multi Sector Bond Active ETF worth $40,026,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after acquiring an additional 4,896,498 shares during the last quarter. Envestnet Asset Management Inc. lifted 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 valued at $359,393,000 after purchasing an additional 1,570,862 shares during the last quarter. Sequoia Financial Advisors LLC lifted 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 valued at $328,883,000 after purchasing an additional 1,406,458 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at $193,884,000. Finally, Advance Capital Management Inc. boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 44.7% in the 1st 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 Performance
NYSEARCA:PYLD opened at $25.51 on Wednesday. The stock has a fifty day simple moving average of $25.65 and a 200 day simple moving average of $26.24. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $26.95.
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.
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