Tidal Investments LLC Acquires 58,736 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Tidal Investments LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 15.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 431,764 shares of the company’s stock after purchasing an additional 58,736 shares during the period. Tidal Investments LLC owned approximately 0.07% of PIMCO Multi Sector Bond Active ETF worth $11,450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of PYLD. Cornerstone Financial Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at $28,000. GHP Investment Advisors Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $32,000. O Shaughnessy Asset Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth about $34,000. Cedar Mountain Advisors LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth about $38,000. Finally, PNC Financial Services Group Inc. lifted its stake 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 acquiring an additional 1,325 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Down 0.0%

Shares of NYSEARCA PYLD opened at $25.78 on Friday. The firm’s 50-day moving average price is $26.17 and its 200-day moving average price is $26.33. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.77 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.