Schwallier Wealth Management LLC Has $2.86 Million Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Schwallier Wealth Management LLC reduced its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 86.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 109,136 shares of the company’s stock after selling 674,945 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 2.1% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Schwallier Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,859,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Morgan Stanley raised its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% in 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 during the period. Bank of America Corp DE lifted its position in PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after acquiring an additional 4,059,150 shares during the last quarter. LPL Financial LLC boosted its holdings 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 valued at $389,102,000 after acquiring an additional 3,727,898 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 340.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock valued at $85,685,000 after acquiring an additional 2,474,706 shares during the period. Finally, WCG Wealth Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after purchasing an additional 2,382,880 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.3%

Shares of NYSEARCA:PYLD opened at $26.35 on Thursday. The stock’s 50-day moving average is $26.37 and its 200-day moving average is $26.53. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.

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.