PIMCO Multi Sector Bond Active ETF $PYLD Stock Holdings Lifted by Breakwater Capital Group

Breakwater Capital Group lifted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 13.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 512,052 shares of the company’s stock after acquiring an additional 62,490 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up about 1.5% of Breakwater Capital Group’s holdings, making the stock its 12th biggest holding. Breakwater Capital Group owned 0.08% of PIMCO Multi Sector Bond Active ETF worth $13,001,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth $32,000. Cedar Mountain Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the second quarter worth $38,000. PNC Financial Services Group Inc. grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 757.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after buying an additional 1,325 shares in the last quarter. Finally, Eastern Bank purchased a new position in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at about $64,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.3%

PIMCO Multi Sector Bond Active ETF stock opened at $25.39 on Friday. The firm’s 50 day moving average price is $25.90 and its two-hundred day moving average price is $26.19. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $27.04.

PIMCO Multi Sector Bond Active ETF 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.