Falcon Wealth Planning lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 12.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,368,640 shares of the company’s stock after buying an additional 259,309 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 4.2% of Falcon Wealth Planning’s portfolio, making the stock its 7th biggest position. Falcon Wealth Planning owned about 0.49% of PIMCO Multi Sector Bond Active ETF worth $62,058,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of PYLD. Goldman Sachs Group Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth about $297,000. Jane Street Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $3,541,000. Cetera Investment Advisers acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 2nd quarter valued at about $261,000. JPMorgan Chase & Co. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 66.2% in the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after purchasing an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock worth $72,963,000 after purchasing an additional 1,166,083 shares during the period.
PIMCO Multi Sector Bond Active ETF Stock Up 0.1%
Shares of PYLD opened at $26.52 on Friday. The company’s 50 day moving average price is $26.41 and its 200 day moving average price is $26.56. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week 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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