NewEdge Wealth LLC Has $4.34 Million Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

NewEdge Wealth LLC lifted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 1,814.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,786 shares of the company’s stock after acquiring an additional 154,284 shares during the quarter. NewEdge Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $4,343,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $297,000. Jane Street Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth approximately $3,541,000. Cetera Investment Advisers bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth approximately $261,000. JPMorgan Chase & Co. raised its position in PIMCO Multi Sector Bond Active ETF by 66.2% in the 2nd 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 during the last quarter. Finally, Raymond James Financial Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 73.7% in the 2nd 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 last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PYLD stock opened at $26.41 on Tuesday. The company has a 50 day moving average price of $26.41 and a 200 day moving average price of $26.67. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.91 and a fifty-two week high of $27.04.

PIMCO Multi Sector Bond Active ETF 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.