Breakwater Capital Group Grows Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Breakwater Capital Group grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 426,503 shares of the company’s stock after buying an additional 28,129 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 1.5% of Breakwater Capital Group’s holdings, making the stock its 12th largest holding. Breakwater Capital Group owned about 0.09% of PIMCO Multi Sector Bond Active ETF worth $11,174,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PYLD. Goldman Sachs Group Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at about $297,000. Jane Street Group LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth about $3,541,000. Cetera Investment Advisers bought a new position in PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth about $261,000. JPMorgan Chase & Co. grew its holdings in PIMCO Multi Sector Bond Active ETF by 66.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock worth $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in PIMCO Multi Sector Bond Active ETF by 73.7% during the 2nd quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after purchasing an additional 1,166,083 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA:PYLD opened at $26.49 on Thursday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The firm has a 50-day simple moving average of $26.41 and a 200-day simple moving average of $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.