WNY Asset Management LLC Purchases Shares of 208,949 PIMCO Multi Sector Bond Active ETF $PYLD

WNY Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 208,949 shares of the company’s stock, valued at approximately $5,474,000.

A number of other hedge funds have also modified their holdings of the business. Bank of America Corp DE raised its position in shares of PIMCO Multi Sector Bond Active ETF by 26.9% during the 1st quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after purchasing an additional 4,896,498 shares during the last quarter. Morgan Stanley lifted its stake in PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after buying an additional 4,308,632 shares in the last quarter. LPL Financial LLC grew its holdings in 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 grew its holdings in PIMCO Multi Sector Bond Active ETF by 16.2% during the 1st 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 last quarter. Finally, HighTower Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 8.8% during 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 last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.15 on Friday. The stock has a fifty day moving average of $26.34 and a two-hundred day moving average of $26.48. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week 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.