White Pine Investment CO acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 257,690 shares of the company’s stock, valued at approximately $6,751,000.
Several other large investors also recently added to or reduced their stakes in the stock. Morgan Stanley increased its stake in shares of 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 last quarter. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after acquiring 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% during the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after acquiring an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 24.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after purchasing an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after purchasing an additional 751,426 shares during the period.
PIMCO Multi Sector Bond Active ETF Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The company has a 50-day moving average price of $26.41 and a 200 day moving average price of $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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