Advisortrust Partners LLC Makes New Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Advisortrust Partners LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 19,934 shares of the company’s stock, valued at approximately $532,000.

Other large investors also recently modified their holdings of the company. Morgan Stanley grew its stake in PIMCO Multi Sector Bond Active ETF by 33.6% during 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 in the last quarter. 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 valued at $417,991,000 after buying an additional 4,059,150 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of 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 period. Sequoia Financial Advisors LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 24.0% during the 4th quarter. Sequoia Financial Advisors LLC now owns 9,459,806 shares of the company’s stock worth $252,388,000 after acquiring an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of PIMCO Multi Sector Bond Active ETF by 8.8% during the 4th quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after acquiring an additional 751,426 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of NYSEARCA:PYLD opened at $26.46 on Friday. The company’s 50 day simple moving average is $26.41 and its 200 day simple moving average is $26.57. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year 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.