PIMCO Multi Sector Bond Active ETF $PYLD is Horizon Wealth Management LLC’s Largest Position

Horizon Wealth Management LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 4.8% in the 4th quarter, HoldingsChannel reports. The fund owned 2,219,176 shares of the company’s stock after acquiring an additional 102,358 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises about 9.2% of Horizon Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Horizon Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $59,208,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. HighTower Advisors LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 95.5% in the 3rd quarter. HighTower Advisors LLC now owns 8,516,263 shares of the company’s stock worth $228,577,000 after buying an additional 4,160,437 shares in the last quarter. Bank of America Corp DE grew its stake in 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 valued at $417,991,000 after acquiring an additional 4,059,150 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in PIMCO Multi Sector Bond Active ETF by 68.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 7,627,847 shares of the company’s stock valued at $204,731,000 after acquiring an additional 3,099,332 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in 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 valued at $85,685,000 after acquiring an additional 2,474,706 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 48.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock valued at $195,569,000 after acquiring an additional 2,368,593 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA PYLD opened at $26.47 on Monday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.91 and a 52 week high of $27.04. The company’s 50-day moving average price is $26.43 and its 200 day moving average price is $26.68.

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.