PIMCO Multi Sector Bond Active ETF $PYLD Stake Raised by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 37.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,943,953 shares of the company’s stock after purchasing an additional 1,348,425 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 3.3% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 8th largest position. Confluence Wealth Services Inc. owned about 0.76% of PIMCO Multi Sector Bond Active ETF worth $125,527,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PYLD. Milestone Asset Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 0.5% during the third quarter. Milestone Asset Management LLC now owns 77,155 shares of the company’s stock valued at $1,959,000 after purchasing an additional 410 shares during the last quarter. Signature Equity Partners LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 14.6% in the 1st quarter. Signature Equity Partners LLC now owns 3,359 shares of the company’s stock worth $88,000 after buying an additional 428 shares during the last quarter. Compound Planning Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.9% in the 1st quarter. Compound Planning Inc. now owns 15,047 shares of the company’s stock worth $394,000 after buying an additional 561 shares during the last quarter. RDA Financial Network raised its position in shares of PIMCO Multi Sector Bond Active ETF by 1.5% during the 3rd quarter. RDA Financial Network now owns 58,186 shares of the company’s stock valued at $1,477,000 after buying an additional 855 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of PIMCO Multi Sector Bond Active ETF by 5.7% during the 2nd quarter. Allworth Financial LP now owns 16,091 shares of the company’s stock valued at $427,000 after buying an additional 861 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Down 0.6%

Shares of NYSEARCA:PYLD opened at $25.54 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.15 and a 12 month high of $26.95. The company has a 50-day moving average price of $25.59 and a 200 day moving average price of $26.21.

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.