SteelPeak Wealth LLC Boosts Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

SteelPeak Wealth LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 512.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 128,411 shares of the company’s stock after purchasing an additional 107,455 shares during the period. SteelPeak Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,364,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Morgan Stanley grew its position in shares of PIMCO Multi Sector Bond Active ETF by 33.6% during the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after acquiring an additional 4,308,632 shares during the period. Bank of America Corp DE raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 35.3% in the 3rd quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after purchasing an additional 4,059,150 shares during the period. LPL Financial LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the 4th quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after purchasing an additional 3,727,898 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 340.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after purchasing an additional 2,474,706 shares during the period. Finally, WCG Wealth Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after purchasing an additional 2,382,880 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $26.32 on Friday. The stock has a fifty day simple moving average of $26.37 and a two-hundred day simple moving average of $26.52. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04.

About PIMCO Multi Sector Bond Active ETF

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.