Mission Wealth Management LP Has $1.33 Million Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Mission Wealth Management LP reduced its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 31.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 49,915 shares of the company’s stock after selling 23,330 shares during the period. Mission Wealth Management LP’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,332,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the third 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. Sequoia Financial Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 24.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after acquiring an additional 1,831,959 shares in the last quarter. HighTower Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 95.5% during the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock valued at $228,577,000 after acquiring an additional 4,160,437 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 48.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after acquiring an additional 2,368,593 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 36.0% during the 4th quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock worth $172,866,000 after acquiring an additional 1,716,503 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.5%

NYSEARCA PYLD opened at $26.07 on Wednesday. The company has a fifty day moving average price of $26.36 and a 200-day moving average price of $26.64. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.91 and a 1 year 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.