Destination Wealth Management raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 7.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,026,139 shares of the company’s stock after buying an additional 209,432 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 2.1% of Destination Wealth Management’s portfolio, making the stock its 11th largest holding. Destination Wealth Management’s holdings in PIMCO Multi Sector Bond Active ETF were worth $80,737,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Aprio Wealth Management LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 18.0% during the third quarter. Aprio Wealth Management LLC now owns 1,004,336 shares of the company’s stock valued at $26,956,000 after acquiring an additional 153,174 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in PIMCO Multi Sector Bond Active ETF by 114.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock valued at $4,268,000 after acquiring an additional 85,219 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 22.6% during the third quarter. EverSource Wealth Advisors LLC now owns 344,006 shares of the company’s stock valued at $9,233,000 after acquiring an additional 63,391 shares in the last quarter. Bare Financial Services Inc grew its stake in PIMCO Multi Sector Bond Active ETF by 12.7% during the third quarter. Bare Financial Services Inc now owns 539,364 shares of the company’s stock valued at $14,477,000 after acquiring an additional 60,979 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. grew its stake in PIMCO Multi Sector Bond Active ETF by 9.9% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock valued at $6,411,000 after acquiring an additional 21,669 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Up 0.2%
PYLD opened at $26.42 on Friday. The company has a fifty day moving average of $26.39 and a 200 day moving average of $26.59. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04.
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.
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