Stokes Capital Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 35.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 688,346 shares of the company’s stock after acquiring an additional 179,493 shares during the period. PIMCO Multi Sector Bond Active ETF comprises 4.0% of Stokes Capital Advisors LLC’s holdings, making the stock its biggest position. Stokes Capital Advisors LLC owned about 0.14% of PIMCO Multi Sector Bond Active ETF worth $18,035,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Morgan Stanley boosted its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. Bank of America Corp DE raised its stake 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 buying an additional 4,059,150 shares during the last quarter. LPL Financial LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% during the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock valued at $389,102,000 after buying an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 24.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after buying an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after buying an additional 751,426 shares during the period.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PYLD opened at $26.52 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04. The stock’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 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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