Triad Wealth Partners LLC Invests $980,000 in PIMCO Multi Sector Bond Active ETF $PYLD

Triad Wealth Partners LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 37,405 shares of the company’s stock, valued at approximately $980,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PYLD. Morgan Stanley raised its stake in 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 acquiring an additional 4,308,632 shares during the last quarter. Bank of America Corp DE grew its stake 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 purchasing an additional 4,059,150 shares during the last quarter. LPL Financial LLC grew its stake 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 valued at $389,102,000 after purchasing an additional 3,727,898 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of 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 purchasing an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of 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 purchasing an additional 751,426 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.46 on Monday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The business has a 50 day simple moving average of $26.41 and a 200-day simple moving average of $26.57.

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.