Legacy Financial Advisors Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 2.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 836,433 shares of the company’s stock after purchasing an additional 22,069 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 2.8% of Legacy Financial Advisors Inc.’s holdings, making the stock its 8th biggest holding. Legacy Financial Advisors Inc.’s holdings in PIMCO Multi Sector Bond Active ETF were worth $22,182,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its position in PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after buying an additional 4,896,498 shares during the last quarter. Morgan Stanley increased its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% during the 4th 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. LPL Financial LLC raised its position in shares of 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. Ocean Park Asset Management LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at approximately $87,004,000. Finally, WCG Wealth Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 216.0% during the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after buying an additional 2,382,880 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PYLD stock opened at $26.17 on Tuesday. The firm has a 50 day simple moving average of $26.26 and a 200-day simple moving average of $26.39. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04.
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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