Advisortrust Partners LLC Acquires 43,894 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Advisortrust Partners LLC boosted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 220.2% during the first quarter, Holdings Channel.com reports. The firm owned 63,828 shares of the company’s stock after buying an additional 43,894 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 0.7% of Advisortrust Partners LLC’s portfolio, making the stock its 28th largest position. Advisortrust Partners LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,672,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Morgan Stanley lifted its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% in 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 during the period. Bank of America Corp DE raised its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% in the third 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 raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in the fourth quarter. LPL Financial LLC now owns 14,584,034 shares of the company’s stock worth $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 16.2% during the first quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock valued at $288,066,000 after purchasing an additional 1,535,071 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 worth $247,262,000 after purchasing an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

PYLD stock opened at $26.28 on Friday. The business’s 50-day moving average is $26.36 and its two-hundred day moving average is $26.52. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two 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.