Crown Wealth Group LLC Makes New $1.07 Million Investment in PIMCO Multi Sector Bond Active ETF $PYLD

Crown Wealth Group LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 40,968 shares of the company’s stock, valued at approximately $1,073,000.

Several other large investors have also modified their holdings of PYLD. Morgan Stanley increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in 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 period. Bank of America Corp DE boosted its stake 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 purchasing an additional 4,059,150 shares during the period. LPL Financial LLC boosted its stake 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 purchasing an additional 3,727,898 shares during the period. Sequoia Financial Advisors LLC boosted its stake in 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 purchasing an additional 1,831,959 shares during the period. Finally, HighTower Advisors LLC grew its position in 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 purchasing an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

NYSEARCA PYLD opened at $26.55 on Friday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The firm’s fifty day moving average is $26.41 and its two-hundred day moving average is $26.56.

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.