Acorn Financial Advisory Services Inc. ADV lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 32.6% during the 1st quarter, HoldingsChannel reports. The firm owned 1,506,547 shares of the company’s stock after purchasing an additional 370,445 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises 5.4% of Acorn Financial Advisory Services Inc. ADV’s investment portfolio, making the stock its 5th biggest position. Acorn Financial Advisory Services Inc. ADV’s holdings in PIMCO Multi Sector Bond Active ETF were worth $39,472,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in the stock. Morgan Stanley lifted its position in PIMCO Multi Sector Bond Active ETF by 33.6% during the fourth 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 in the last quarter. Bank of America Corp DE grew its holdings 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 buying an additional 4,059,150 shares in the last quarter. LPL Financial LLC grew its holdings in 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 buying an additional 3,727,898 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake 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 worth $85,685,000 after acquiring an additional 2,474,706 shares during the last quarter. Finally, WCG Wealth Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 216.0% during the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after acquiring an additional 2,382,880 shares during the period.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PYLD stock opened at $26.52 on Wednesday. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month high of $27.04. The company’s 50-day moving average price is $26.41 and its 200-day moving average price is $26.56.
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.
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