Sequoia Financial Advisors LLC Acquires 307,816 Shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Sequoia Financial Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 13.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 2,583,787 shares of the company’s stock after purchasing an additional 307,816 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 0.7% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 26th biggest holding. Sequoia Financial Advisors LLC owned about 8.62% of PIMCO Multi Sector Bond Active ETF worth $68,858,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cape Investment Advisory Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $25,000. Mather Group LLC. bought a new stake in PIMCO Multi Sector Bond Active ETF during the second quarter worth $28,000. First Horizon Advisors Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF in the second quarter worth $28,000. Mark Sheptoff Financial Planning LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the first quarter worth $53,000. Finally, Future Financial Wealth Managment LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at $108,000.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2 %

Shares of NYSEARCA PYLD traded down $0.05 during mid-day trading on Tuesday, reaching $26.22. 256,908 shares of the company’s stock were exchanged, compared to its average volume of 476,908. The firm has a 50-day moving average price of $26.43 and a two-hundred day moving average price of $25.91. PIMCO Multi Sector Bond Active ETF has a 52 week low of $23.76 and a 52 week high of $26.70.

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.