USAdvisors Wealth Management LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 115.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,751 shares of the company’s stock after acquiring an additional 111,781 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 1.8% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. USAdvisors Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $5,569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% in the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after acquiring an additional 4,059,150 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 24.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after acquiring an additional 1,831,959 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 95.5% during the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after buying an additional 4,160,437 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after buying an additional 2,368,593 shares in the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 36.0% during the 4th quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock worth $172,866,000 after buying an additional 1,716,503 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.33 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.91 and a 52 week high of $27.04. The stock has a fifty day moving average of $26.38 and a 200-day moving average of $26.66.
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.
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