WCG Wealth Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 216.0% in the 4th quarter, HoldingsChannel reports. The fund owned 3,486,174 shares of the company’s stock after acquiring an additional 2,382,880 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 2.6% of WCG Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding. WCG Wealth Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $93,013,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 35.3% during the 3rd 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 in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 24.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after acquiring an additional 1,831,959 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after acquiring an additional 751,426 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 48.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,286,467 shares of the company’s stock worth $195,569,000 after acquiring an additional 2,368,593 shares in the last quarter. Finally, AE Wealth Management LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 36.0% during the 4th quarter. AE Wealth Management LLC now owns 6,479,219 shares of the company’s stock worth $172,866,000 after acquiring an additional 1,716,503 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
NYSEARCA PYLD opened at $26.32 on Thursday. The company has a 50 day moving average price of $26.36 and a 200 day moving average price of $26.61. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04.
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.
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