PIMCO Multi Sector Bond Active ETF $PYLD Stock: Studio Investment Management LLC Raises Stake

Studio Investment Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 637.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 198,018 shares of the company’s stock after acquiring an additional 171,151 shares during the quarter. Studio Investment Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,028,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PYLD. Mather Group LLC. bought a new position in PIMCO Multi Sector Bond Active ETF in the third quarter worth approximately $30,000. GHP Investment Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $32,000. Cedar Mountain Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the 2nd quarter valued at $38,000. PNC Financial Services Group Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at $45,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.5%

Shares of PYLD stock opened at $25.60 on Friday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $27.04. The stock has a fifty day simple moving average of $25.75 and a two-hundred day simple moving average of $26.14.

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.