22,300 Shares in PIMCO Multi Sector Bond Active ETF $PYLD Bought by Maimon Wealth Management LTD.

Maimon Wealth Management LTD. acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 22,300 shares of the company’s stock, valued at approximately $581,000.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley boosted its holdings 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 valued at $456,647,000 after acquiring an additional 4,308,632 shares in the last quarter. Bank of America Corp DE lifted its position in PIMCO Multi Sector Bond Active ETF by 35.3% in 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 purchasing an additional 4,059,150 shares during the period. LPL Financial LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% in the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after purchasing an additional 3,727,898 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in PIMCO Multi Sector Bond Active ETF by 16.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock worth $288,066,000 after purchasing an additional 1,535,071 shares during the period. Finally, HighTower Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD opened at $26.24 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The business has a 50 day simple moving average of $26.36 and a 200-day simple moving average of $26.51.

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.