True North Advisors LLC Invests $20.17 Million in PIMCO Multi Sector Bond Active ETF $PYLD

True North Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 769,719 shares of the company’s stock, valued at approximately $20,167,000. PIMCO Multi Sector Bond Active ETF accounts for about 2.3% of True North Advisors LLC’s portfolio, making the stock its 10th biggest holding. True North Advisors LLC owned about 0.16% of PIMCO Multi Sector Bond Active ETF at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. TD Capital Management LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 1.9% during the 4th quarter. TD Capital Management LLC now owns 20,765 shares of the company’s stock worth $554,000 after purchasing an additional 397 shares during the last quarter. Beckerman Institutional LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.4% in the 4th quarter. Beckerman Institutional LLC now owns 30,350 shares of the company’s stock valued at $810,000 after purchasing an additional 405 shares during the last quarter. ACT Advisors LLC. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 2.6% in the 4th quarter. ACT Advisors LLC. now owns 16,915 shares of the company’s stock valued at $451,000 after purchasing an additional 428 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 3.8% in the 4th quarter. Raleigh Capital Management Inc. now owns 11,975 shares of the company’s stock valued at $320,000 after purchasing an additional 442 shares during the last quarter. Finally, OmniStar Financial Group Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 0.7% during the 3rd quarter. OmniStar Financial Group Inc. now owns 85,141 shares of the company’s stock worth $2,285,000 after buying an additional 562 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.28 on Friday. The firm has a 50 day simple moving average of $26.36 and a 200 day simple moving average of $26.52. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.