Sharpepoint LLC raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 23.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 224,861 shares of the company’s stock after purchasing an additional 42,372 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 3.6% of Sharpepoint LLC’s portfolio, making the stock its 5th largest position. Sharpepoint LLC owned about 0.05% of PIMCO Multi Sector Bond Active ETF worth $5,999,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. HighTower Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 95.5% in the third quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after purchasing an additional 4,160,437 shares during the period. Bank of America Corp DE raised its position in PIMCO Multi Sector Bond Active ETF by 35.3% in the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after purchasing an additional 4,059,150 shares during the period. LPL Financial LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth 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 in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 340.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after acquiring an additional 2,474,706 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after acquiring an additional 2,382,880 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA:PYLD opened at $26.25 on Thursday. The company has a fifty day simple moving average of $26.38 and a two-hundred day simple moving average of $26.59. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 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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