Eclectic Associates Inc. ADV increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 11.1% in the 2nd quarter, Holdings Channel reports. The firm owned 908,395 shares of the company’s stock after purchasing an additional 90,715 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 2.7% of Eclectic Associates Inc. ADV’s holdings, making the stock its 12th biggest position. Eclectic Associates Inc. ADV’s holdings in PIMCO Multi Sector Bond Active ETF were worth $24,091,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in PIMCO Multi Sector Bond Active ETF by 26.9% during the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Morgan Stanley lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after buying an additional 4,308,632 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 34.3% during the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after buying an additional 3,727,898 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 16.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock worth $288,066,000 after buying an additional 1,535,071 shares during the period. Finally, HighTower Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 8.8% in the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after buying an additional 751,426 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
NYSEARCA:PYLD opened at $26.15 on Friday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The firm’s fifty day simple moving average is $26.32 and its 200 day simple moving average is $26.46.
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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