257,690 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Acquired by White Pine Investment CO

White Pine Investment CO acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 257,690 shares of the company’s stock, valued at approximately $6,751,000. White Pine Investment CO owned about 0.05% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $34,000. Networth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $34,000. Legacy Wealth Managment LLC ID purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $42,000. Finally, Arax Advisory Partners purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter worth about $51,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04. The firm’s 50-day moving average price is $26.41 and its 200 day moving average price is $26.56.

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.