Independent Wealth Network Inc. Invests $508,000 in PIMCO Multi Sector Bond Active ETF $PYLD

Independent Wealth Network Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,394 shares of the company’s stock, valued at approximately $508,000.

Several other hedge funds have also recently modified their holdings of PYLD. Morgan Stanley grew its position in PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after buying an additional 4,308,632 shares during the last quarter. Bank of America Corp DE raised its position in 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 buying an additional 4,059,150 shares during the last quarter. LPL Financial LLC lifted its stake 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 worth $389,102,000 after acquiring an additional 3,727,898 shares during the period. Wealth Enhancement Advisory Services LLC lifted 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 period. Finally, WCG Wealth Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after acquiring an additional 2,382,880 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.55 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The company’s 50-day simple moving average is $26.41 and its 200-day simple moving average is $26.56.

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.