NewEdge Advisors LLC Buys 394,557 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

NewEdge Advisors LLC grew its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,609,062 shares of the company’s stock after purchasing an additional 394,557 shares during the quarter. NewEdge Advisors LLC owned approximately 1.14% of PIMCO Multi Sector Bond Active ETF worth $146,957,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Sheridan Capital Management LLC lifted its position in PIMCO Multi Sector Bond Active ETF by 8.0% in the 4th quarter. Sheridan Capital Management LLC now owns 1,170,467 shares of the company’s stock valued at $31,228,000 after acquiring an additional 86,887 shares in the last quarter. CarsonAllaria Wealth Management Ltd. boosted its position in PIMCO Multi Sector Bond Active ETF by 9.9% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock worth $6,411,000 after purchasing an additional 21,669 shares during the last quarter. Apollon Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF by 3.6% during the fourth quarter. Apollon Wealth Management LLC now owns 1,765,598 shares of the company’s stock valued at $47,106,000 after buying an additional 61,145 shares during the period. Great Point Wealth Advisors LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 20.6% during the 4th quarter. Great Point Wealth Advisors LLC now owns 755,160 shares of the company’s stock valued at $20,148,000 after acquiring an additional 129,021 shares during the period. Finally, PMG Wealth Management Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter valued at about $5,369,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.21 on Thursday. The company’s 50 day moving average is $26.33 and its two-hundred day moving average is $26.46. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month 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.