Breakwater Capital Group Buys 28,129 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Breakwater Capital Group grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.1% during the first quarter, HoldingsChannel reports. The fund owned 426,503 shares of the company’s stock after acquiring an additional 28,129 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 1.5% of Breakwater Capital Group’s holdings, making the stock its 12th largest position. Breakwater Capital Group’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,174,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in PYLD. MinichMacGregor Wealth Management LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 7.5% during the first quarter. MinichMacGregor Wealth Management LLC now owns 834,932 shares of the company’s stock valued at $21,875,000 after purchasing an additional 58,538 shares in the last quarter. First PREMIER Bank grew its stake in PIMCO Multi Sector Bond Active ETF by 131.9% in the first quarter. First PREMIER Bank now owns 30,059 shares of the company’s stock valued at $788,000 after purchasing an additional 17,095 shares during the last quarter. RFG Advisory LLC raised its holdings in PIMCO Multi Sector Bond Active ETF by 89.1% in the first quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock worth $16,259,000 after purchasing an additional 292,370 shares in the last quarter. Apella Capital LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the first quarter worth about $1,134,000. Finally, Riverchase Wealth Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 18.4% during the first quarter. Riverchase Wealth Management LLC now owns 653,106 shares of the company’s stock valued at $17,111,000 after buying an additional 101,446 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The firm has a 50-day simple moving average of $26.41 and a two-hundred day simple moving average of $26.56.

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.