SteelPeak Wealth LLC Acquires 107,455 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

SteelPeak Wealth LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 512.8% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 128,411 shares of the company’s stock after purchasing an additional 107,455 shares during the period. SteelPeak Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,364,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Morgan Stanley raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after buying an additional 4,059,150 shares during the last quarter. LPL Financial LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after buying an additional 3,727,898 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 340.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after buying an additional 2,474,706 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 216.0% during the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after buying an additional 2,382,880 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA PYLD opened at $26.32 on Friday. The business has a fifty day simple moving average of $26.37 and a 200 day simple moving average of $26.52. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.