PIMCO Multi Sector Bond Active ETF $PYLD Shares Acquired by Drake & Associates LLC

Drake & Associates LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 888,004 shares of the company’s stock after buying an additional 70,930 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 4.7% of Drake & Associates LLC’s investment portfolio, making the stock its 10th biggest holding. Drake & Associates LLC owned 0.21% of PIMCO Multi Sector Bond Active ETF worth $23,692,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in PYLD. Catalyst Investment Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth about $5,069,000. Sunbelt Securities Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 21.8% in the fourth quarter. Sunbelt Securities Inc. now owns 5,007 shares of the company’s stock valued at $134,000 after purchasing an additional 895 shares during the period. Talisman Wealth Advisors LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 49.9% in the fourth quarter. Talisman Wealth Advisors LLC now owns 140,889 shares of the company’s stock valued at $3,769,000 after purchasing an additional 46,907 shares during the period. Compound Planning Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 57.5% in the fourth quarter. Compound Planning Inc. now owns 14,486 shares of the company’s stock worth $386,000 after purchasing an additional 5,291 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $56,000.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

PIMCO Multi Sector Bond Active ETF stock opened at $26.46 on Friday. The stock has a 50-day moving average price of $26.41 and a 200 day moving average price of $26.57. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 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.