Independent Financial Group LLC Purchases Shares of 77,908 PIMCO Multi Sector Bond Active ETF $PYLD

Independent Financial Group LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the first quarter, according to its most recent filing with the SEC. The firm purchased 77,908 shares of the company’s stock, valued at approximately $2,041,000.

Several other hedge funds have also recently made changes to their positions in the business. Morgan Stanley boosted 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 purchasing an additional 4,308,632 shares in the last quarter. Bank of America Corp DE increased its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% in the third 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 in the last quarter. LPL Financial LLC increased its holdings in PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth 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 in the last quarter. Sequoia Financial Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 16.2% in the first quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after buying an additional 1,535,071 shares during the period. Finally, HighTower Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth 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

PIMCO Multi Sector Bond Active ETF stock opened at $26.28 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 $26.36 and its two-hundred day moving average price is $26.52.

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.