LPL Financial LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 34.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,584,034 shares of the company’s stock after acquiring an additional 3,727,898 shares during the quarter. LPL Financial LLC owned 3.37% of PIMCO Multi Sector Bond Active ETF worth $389,102,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in PYLD. Goldman Sachs Group Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth about $297,000. Jane Street Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the first quarter valued at approximately $3,541,000. Cetera Investment Advisers purchased a new position in PIMCO Multi Sector Bond Active ETF during the second quarter valued at approximately $261,000. JPMorgan Chase & Co. raised its position in PIMCO Multi Sector Bond Active ETF by 66.2% during the second quarter. JPMorgan Chase & Co. now owns 56,265 shares of the company’s stock valued at $1,493,000 after acquiring an additional 22,411 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in PIMCO Multi Sector Bond Active ETF by 73.7% during the second quarter. Raymond James Financial Inc. now owns 2,749,163 shares of the company’s stock valued at $72,963,000 after acquiring an additional 1,166,083 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Stock Performance
Shares of PYLD stock opened at $26.24 on Tuesday. The stock has a 50 day moving average of $26.37 and a 200 day moving average of $26.60. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.92 and a twelve month 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.
Featured Articles
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
