Maimon Wealth Management LTD. Acquires Shares of 22,300 PIMCO Multi Sector Bond Active ETF $PYLD

Maimon Wealth Management LTD. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 22,300 shares of the company’s stock, valued at approximately $581,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley grew its stake in 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 worth $456,647,000 after buying an additional 4,308,632 shares during the last quarter. Bank of America Corp DE grew 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 worth $417,991,000 after acquiring an additional 4,059,150 shares during the last quarter. LPL Financial LLC increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in 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 period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of 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 period. Finally, WCG Wealth Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 216.0% in the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after purchasing an additional 2,382,880 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.24 on Tuesday. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year high of $27.04. The company’s fifty day moving average is $26.36 and its two-hundred day moving average is $26.51.

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.