Oregon Pacific Wealth Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 742.3% during the 1st quarter, Holdings Channel reports. The firm owned 97,794 shares of the company’s stock after purchasing an additional 86,184 shares during the period. PIMCO Multi Sector Bond Active ETF makes up approximately 2.7% of Oregon Pacific Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Oregon Pacific Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,562,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Morgan Stanley grew its holdings in 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 during the period. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% in the 3rd 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 during the last quarter. LPL Financial LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the 4th 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 during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after purchasing an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 8.8% during the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PYLD stock opened at $26.55 on Monday. The stock has a 50-day moving average of $26.41 and a 200-day moving average of $26.56. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year 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.
Further Reading
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
