Sequoia Financial Advisors LLC Purchases 1,535,071 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Sequoia Financial Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 16.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,994,877 shares of the company’s stock after purchasing an additional 1,535,071 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises approximately 1.6% of Sequoia Financial Advisors LLC’s holdings, making the stock its 12th largest holding. Sequoia Financial Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $288,066,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Stratos Wealth Partners LTD. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 114.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock valued at $4,268,000 after acquiring an additional 85,219 shares in the last quarter. CarsonAllaria Wealth Management Ltd. raised its stake in PIMCO Multi Sector Bond Active ETF by 9.9% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock worth $6,411,000 after purchasing an additional 21,669 shares in the last quarter. NavPoint Financial Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 105.0% in the fourth quarter. NavPoint Financial Inc. now owns 110,775 shares of the company’s stock valued at $2,955,000 after buying an additional 56,729 shares during the period. Base Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 12.7% during the 4th quarter. Base Wealth Management LLC now owns 478,568 shares of the company’s stock valued at $12,768,000 after acquiring an additional 53,818 shares during the period. Finally, Sheridan Capital Management LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 8.0% in the 4th quarter. Sheridan Capital Management LLC now owns 1,170,467 shares of the company’s stock valued at $31,228,000 after buying an additional 86,887 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.0%

PYLD traded down $0.01 during trading on Friday, hitting $26.30. 3,596,746 shares of the stock traded hands, compared to its average volume of 4,000,981. The business has a 50 day moving average price of $26.38 and a 200 day moving average price of $26.54. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04.

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.