Envestnet Asset Management Inc. Grows Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Envestnet Asset Management Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 267.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,083,634 shares of the company’s stock after acquiring an additional 788,906 shares during the quarter. Envestnet Asset Management Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $27,784,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Beta Wealth Group Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $12,482,000. Bleakley Financial Group LLC increased its position in PIMCO Multi Sector Bond Active ETF by 39.2% in the 1st quarter. Bleakley Financial Group LLC now owns 159,745 shares of the company’s stock valued at $4,115,000 after acquiring an additional 45,000 shares during the period. Hilltop Holdings Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.6% during the fourth quarter. Hilltop Holdings Inc. now owns 52,002 shares of the company’s stock valued at $1,335,000 after purchasing an additional 840 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $1,058,000. Finally, CarsonAllaria Wealth Management Ltd. increased its position in shares of PIMCO Multi Sector Bond Active ETF by 13.5% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 134,310 shares of the company’s stock valued at $3,444,000 after purchasing an additional 15,958 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $26.66 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $23.76 and a 1-year high of $26.68. The company has a 50 day moving average price of $26.24 and a 200 day moving average price of $25.79.

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.