Pasadena Private Wealth LLC Increases Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Pasadena Private Wealth LLC lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.4% in the 4th quarter, HoldingsChannel reports. The firm owned 609,331 shares of the company’s stock after purchasing an additional 20,017 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 2.2% of Pasadena Private Wealth LLC’s portfolio, making the stock its 11th largest position. Pasadena Private Wealth LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $16,257,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Weaver Consulting Group raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 65.5% in the fourth quarter. Weaver Consulting Group now owns 93,182 shares of the company’s stock worth $2,486,000 after purchasing an additional 36,881 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 167.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,872,451 shares of the company’s stock worth $49,957,000 after purchasing an additional 1,171,310 shares during the last quarter. Beckerman Institutional LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 1.4% in the fourth quarter. Beckerman Institutional LLC now owns 30,350 shares of the company’s stock worth $810,000 after purchasing an additional 405 shares during the last quarter. Foundations Investment Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 22.5% in the fourth quarter. Foundations Investment Advisors LLC now owns 15,465 shares of the company’s stock worth $413,000 after purchasing an additional 2,841 shares during the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 42.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 88,411 shares of the company’s stock worth $2,358,000 after purchasing an additional 26,515 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA:PYLD opened at $26.46 on Friday. The business has a 50-day moving average price of $26.35 and a 200-day moving average price of $26.62. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.

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.