Bank of New York Mellon Corp Increases Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Bank of New York Mellon Corp lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,160,272 shares of the company’s stock after buying an additional 57,068 shares during the quarter. Bank of New York Mellon Corp’s holdings in PIMCO Multi Sector Bond Active ETF were worth $56,599,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its stake 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 purchasing an additional 4,308,632 shares during the last quarter. Bank of America Corp DE grew 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 acquiring an additional 4,059,150 shares during the last quarter. LPL Financial LLC grew its position in PIMCO Multi Sector Bond Active ETF by 34.3% during 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 last quarter. WCG Wealth Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF by 216.0% in the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after purchasing an additional 2,382,880 shares during the period. Finally, Confluence Wealth Services Inc. purchased a new position in PIMCO Multi Sector Bond Active ETF in the 4th quarter worth approximately $62,920,000.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.09 on Friday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two week high of $27.04. The business has a 50 day moving average price of $26.35 and a 200-day moving average price of $26.50.

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.