Envestnet Portfolio Solutions Inc. Buys 293,793 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Envestnet Portfolio Solutions Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 107.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 567,539 shares of the company’s stock after acquiring an additional 293,793 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.24% of PIMCO Multi Sector Bond Active ETF worth $15,062,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Golden State Wealth Management LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 12.3% in the 1st quarter. Golden State Wealth Management LLC now owns 16,925 shares of the company’s stock valued at $446,000 after buying an additional 1,848 shares during the period. Cozad Asset Management Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 14.7% in the 1st quarter. Cozad Asset Management Inc. now owns 31,470 shares of the company’s stock valued at $829,000 after buying an additional 4,040 shares during the period. Sequoia Financial Advisors LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 19.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 3,556,648 shares of the company’s stock valued at $93,718,000 after buying an additional 570,359 shares during the period. Cherrydale Wealth Management LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 8.5% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock valued at $3,623,000 after buying an additional 10,748 shares during the period. Finally, Flynn Zito Capital Management LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 356.4% in the 1st quarter. Flynn Zito Capital Management LLC now owns 320,509 shares of the company’s stock valued at $8,445,000 after buying an additional 250,276 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.72 on Tuesday. The company’s fifty day moving average price is $26.69 and its two-hundred day moving average price is $26.35. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $26.96.

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.