Waverly Advisors LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 32,509.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 4,417,609 shares of the company’s stock after acquiring an additional 4,404,062 shares during the period. Waverly Advisors LLC owned 0.77% of PIMCO Multi Sector Bond Active ETF worth $117,155,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in PYLD. Bank of America Corp DE raised its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in 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 period. 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. LPL Financial LLC raised its holdings in 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 acquiring an additional 3,727,898 shares during the period. Sequoia Financial Advisors LLC lifted its position in 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 acquiring an additional 1,535,071 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 8.8% during the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after acquiring an additional 751,426 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
NYSEARCA:PYLD traded down $0.03 during mid-day trading on Tuesday, hitting $26.00. 2,548,095 shares of the company’s stock traded hands, compared to its average volume of 3,889,723. The firm has a 50 day moving average of $26.21 and a two-hundred day moving average of $26.35. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04.
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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