NewEdge Wealth LLC Acquires 154,284 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

NewEdge Wealth LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1,814.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,786 shares of the company’s stock after purchasing an additional 154,284 shares during the period. NewEdge Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ORBA Wealth Advisors L.L.C. lifted its stake in PIMCO Multi Sector Bond Active ETF by 0.7% during the third quarter. ORBA Wealth Advisors L.L.C. now owns 59,181 shares of the company’s stock worth $1,588,000 after purchasing an additional 401 shares during the period. ACT Advisors LLC. lifted its stake in PIMCO Multi Sector Bond Active ETF by 2.6% during the fourth quarter. ACT Advisors LLC. now owns 16,915 shares of the company’s stock worth $451,000 after purchasing an additional 428 shares during the period. Raleigh Capital Management Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 3.8% during the fourth quarter. Raleigh Capital Management Inc. now owns 11,975 shares of the company’s stock worth $320,000 after purchasing an additional 442 shares during the period. OmniStar Financial Group Inc. lifted its stake in PIMCO Multi Sector Bond Active ETF by 0.7% during the third quarter. OmniStar Financial Group Inc. now owns 85,141 shares of the company’s stock worth $2,285,000 after purchasing an additional 562 shares during the period. Finally, Altfest L J & Co. Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 0.9% in the fourth quarter. Altfest L J & Co. Inc. now owns 68,447 shares of the company’s stock valued at $1,826,000 after acquiring an additional 579 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.41 on Tuesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.91 and a one year high of $27.04. The business’s 50 day simple moving average is $26.41 and its 200-day simple moving average is $26.67.

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.