World Investment Advisors acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 25,474 shares of the company’s stock, valued at approximately $680,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Morgan Stanley boosted its stake in shares of 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 acquiring an additional 4,308,632 shares in the last quarter. Bank of America Corp DE boosted its position in 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 worth $417,991,000 after purchasing an additional 4,059,150 shares in the last quarter. LPL Financial LLC boosted its position in 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 worth $389,102,000 after purchasing an additional 3,727,898 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 24.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after purchasing an additional 1,831,959 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after buying an additional 751,426 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Down 0.3%
NYSEARCA:PYLD opened at $26.38 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The stock has a fifty day simple moving average of $26.41 and a 200-day simple moving average of $26.57.
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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