Pasadena Private Wealth LLC cut its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 31.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 418,289 shares of the company’s stock after selling 191,042 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 1.5% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 17th biggest holding. Pasadena Private Wealth LLC owned approximately 0.09% of PIMCO Multi Sector Bond Active ETF worth $10,959,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Vicus Capital grew its position in PIMCO Multi Sector Bond Active ETF by 41,127.1% during the 1st quarter. Vicus Capital now owns 514,102 shares of the company’s stock worth $13,469,000 after purchasing an additional 512,855 shares during the period. Riverbend Wealth Management LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 13.3% in the 1st quarter. Riverbend Wealth Management LLC now owns 84,434 shares of the company’s stock valued at $2,212,000 after buying an additional 9,917 shares during the period. Financial Futures Ltd Liability Co. lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 4.9% in the 1st quarter. Financial Futures Ltd Liability Co. now owns 603,150 shares of the company’s stock valued at $15,803,000 after buying an additional 28,384 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.9% in the first quarter. Janney Montgomery Scott LLC now owns 1,150,882 shares of the company’s stock worth $30,153,000 after buying an additional 93,945 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 65.6% in the first quarter. Onyx Bridge Wealth Group LLC now owns 93,313 shares of the company’s stock worth $2,445,000 after buying an additional 36,968 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.55 on Monday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04. The business’s 50-day moving average price is $26.41 and its 200 day moving average price is $26.56.
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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