Fifth Third Bancorp Takes $3.29 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD

Fifth Third Bancorp acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 125,465 shares of the company’s stock, valued at approximately $3,287,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Stratos Wealth Partners LTD. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 114.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock worth $4,268,000 after buying an additional 85,219 shares during the last quarter. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 9.9% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock valued at $6,411,000 after acquiring an additional 21,669 shares during the last quarter. NavPoint Financial Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 105.0% in the fourth quarter. NavPoint Financial Inc. now owns 110,775 shares of the company’s stock valued at $2,955,000 after acquiring an additional 56,729 shares in the last quarter. Base Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 12.7% in the fourth quarter. Base Wealth Management LLC now owns 478,568 shares of the company’s stock valued at $12,768,000 after acquiring an additional 53,818 shares in the last quarter. Finally, Sheridan Capital Management LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.0% in the fourth quarter. Sheridan Capital Management LLC now owns 1,170,467 shares of the company’s stock worth $31,228,000 after acquiring an additional 86,887 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.28 on Monday. The stock has a 50 day moving average price of $26.36 and a 200 day moving average price of $26.52. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04.

PIMCO Multi Sector Bond Active ETF 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.