Taylor & Morgan Wealth Management LLC raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 18.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,898 shares of the company’s stock after acquiring an additional 20,956 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 1.8% of Taylor & Morgan Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Taylor & Morgan Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,349,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Bank of America Corp DE raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 26.9% in the 1st 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 in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 13.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,551,778 shares of the company’s stock worth $359,393,000 after purchasing an additional 1,570,862 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 12,401,335 shares of the company’s stock worth $328,883,000 after purchasing an additional 1,406,458 shares in the last quarter. Advance Capital Management Inc. grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 44.7% during the first quarter. Advance Capital Management Inc. now owns 7,109,897 shares of the company’s stock worth $186,279,000 after purchasing an additional 2,195,875 shares in the last quarter. Finally, Retirement Planning Group LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 12.1% in the first quarter. Retirement Planning Group LLC now owns 6,463,927 shares of the company’s stock valued at $169,355,000 after buying an additional 695,457 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
PIMCO Multi Sector Bond Active ETF stock opened at $25.39 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $27.04. The stock’s fifty day moving average is $25.88 and its two-hundred day moving average is $26.18.
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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