PIMCO Multi Sector Bond Active ETF $PYLD Stake Boosted by Royal Bank of Canada

Royal Bank of Canada boosted its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 25.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,884,315 shares of the company’s stock after purchasing an additional 592,903 shares during the quarter. Royal Bank of Canada’s holdings in PIMCO Multi Sector Bond Active ETF were worth $75,568,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. raised its stake in PIMCO Multi Sector Bond Active ETF by 114.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 159,965 shares of the company’s stock worth $4,268,000 after acquiring an additional 85,219 shares during the period. Sheridan Capital Management LLC boosted its stake in PIMCO Multi Sector Bond Active ETF by 8.0% in the fourth quarter. Sheridan Capital Management LLC now owns 1,170,467 shares of the company’s stock valued at $31,228,000 after acquiring an additional 86,887 shares during the period. CarsonAllaria Wealth Management Ltd. boosted its stake in PIMCO Multi Sector Bond Active ETF by 9.9% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 240,300 shares of the company’s stock valued at $6,411,000 after acquiring an additional 21,669 shares during the period. NavPoint Financial Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 105.0% during the fourth quarter. NavPoint Financial Inc. now owns 110,775 shares of the company’s stock valued at $2,955,000 after purchasing an additional 56,729 shares during the last quarter. Finally, Apollon Wealth Management LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 3.6% during the fourth quarter. Apollon Wealth Management LLC now owns 1,765,598 shares of the company’s stock valued at $47,106,000 after purchasing an additional 61,145 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.2%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.15 on Friday. The business’s 50 day simple moving average is $26.34 and its 200-day simple moving average is $26.48. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month 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.