PIMCO Multi Sector Bond Active ETF $PYLD Shares Newly Bought by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 22,571 shares of the company’s stock, valued at approximately $573,000.

A number of other institutional investors have also recently made changes to their positions in PYLD. Bank of America Corp DE increased its position in PIMCO Multi Sector Bond Active ETF by 26.9% in the first 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 last quarter. Envestnet Asset Management Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 13.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after buying an additional 1,570,862 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 12.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after buying an additional 1,406,458 shares during the last quarter. Retirement Planning Group LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 3rd quarter worth about $193,884,000. Finally, NewEdge Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.0% in the 2nd quarter. NewEdge Advisors LLC now owns 6,448,357 shares of the company’s stock worth $171,010,000 after buying an additional 839,295 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $25.64 on Thursday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $26.95. The business’s 50 day moving average is $25.64 and its two-hundred day moving average is $26.24.

PIMCO Multi Sector Bond Active ETF 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.