PIMCO Multi Sector Bond Active ETF $PYLD Holdings Lifted by SOL Capital Management CO

SOL Capital Management CO increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 19.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 385,409 shares of the company’s stock after acquiring an additional 63,910 shares during the quarter. SOL Capital Management CO’s holdings in PIMCO Multi Sector Bond Active ETF were worth $10,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PYLD. 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 purchasing an additional 4,059,150 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after purchasing an additional 4,160,437 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 68.4% during the third quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after purchasing an additional 3,099,332 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 48.2% during the third quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after buying an additional 2,368,593 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 36.0% during the fourth quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock worth $172,866,000 after buying an additional 1,716,503 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.51 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.90 and a 1 year high of $27.04. The firm’s 50 day moving average price is $26.48 and its two-hundred day moving average price is $26.69.

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.