Envestnet Portfolio Solutions Inc. Buys Shares of 204,397 PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Envestnet Portfolio Solutions Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 204,397 shares of the company’s stock, valued at approximately $5,298,000. Envestnet Portfolio Solutions Inc. owned 0.68% of PIMCO Multi Sector Bond Active ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Carl Stuart Investment Advisor Inc. bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $848,000. Commonwealth Equity Services LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 559.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 928,628 shares of the company’s stock worth $24,070,000 after purchasing an additional 787,710 shares during the period. Bare Financial Services Inc lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 13.6% in the 4th quarter. Bare Financial Services Inc now owns 436,186 shares of the company’s stock worth $11,306,000 after purchasing an additional 52,383 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 20.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 78,482 shares of the company’s stock worth $2,034,000 after purchasing an additional 13,530 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,986,289 shares of the company’s stock worth $77,405,000 after purchasing an additional 402,502 shares during the period.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1 %

Shares of NYSEARCA:PYLD opened at $26.28 on Wednesday. The firm’s 50 day moving average price is $26.16 and its 200-day moving average price is $26.21. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.11 and a twelve month high of $26.70.

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.