William Mack & Associates Inc. Takes Position in PIMCO Multi Sector Bond Active ETF $PYLD

William Mack & Associates Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 19,238 shares of the company’s stock, valued at approximately $510,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. Bank of America Corp DE raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 26.9% during the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock worth $604,905,000 after buying an additional 4,896,498 shares during the last quarter. Morgan Stanley raised 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 last quarter. LPL Financial LLC raised its position in shares of 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 acquiring an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after purchasing an additional 1,535,071 shares during the period. Finally, HighTower Advisors LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after purchasing an additional 751,426 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.14 on Wednesday. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04. The stock’s fifty day simple moving average is $26.31 and its 200-day simple moving average is $26.44.

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.