PIMCO Multi Sector Bond Active ETF $PYLD Stake Lifted by Continuum Advisory LLC

Continuum Advisory LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 9.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,172,812 shares of the company’s stock after purchasing an additional 101,666 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises 2.9% of Continuum Advisory LLC’s portfolio, making the stock its 5th largest position. Continuum Advisory LLC owned about 0.24% of PIMCO Multi Sector Bond Active ETF worth $30,728,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of PYLD. Morgan Stanley grew its stake in shares of PIMCO Multi Sector Bond Active ETF by 33.6% during 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 period. Bank of America Corp DE raised its position in shares of 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 worth $417,991,000 after buying an additional 4,059,150 shares during the period. LPL Financial LLC raised its position 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 buying an additional 3,727,898 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 24.0% in the fourth quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock valued at $252,388,000 after acquiring an additional 1,831,959 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock valued at $247,262,000 after acquiring an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.55 on Monday. The stock has a 50-day moving average price of $26.41 and a two-hundred day moving average price of $26.56. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04.

About PIMCO Multi Sector Bond Active ETF

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.