Waverly Advisors LLC Has $117.16 Million Position in PIMCO Multi Sector Bond Active ETF $PYLD
by Sarita Garza · The Markets DailyWaverly Advisors LLC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 32,509.5% during the second quarter, Holdings Channel reports. The institutional investor owned 4,417,609 shares of the company’s stock after purchasing an additional 4,404,062 shares during the quarter. Waverly Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $117,155,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PMG Wealth Management Inc. bought a new position in PIMCO Multi Sector Bond Active ETF in the first quarter worth $5,369,000. RFG Advisory LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 89.1% in the 1st quarter. RFG Advisory LLC now owns 620,585 shares of the company’s stock valued at $16,259,000 after buying an additional 292,370 shares in the last quarter. WESPAC Advisors SoCal LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 15.2% during the 1st quarter. WESPAC Advisors SoCal LLC now owns 385,406 shares of the company’s stock worth $10,098,000 after acquiring an additional 50,957 shares during the period. Intrua Financial LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.0% during the 4th quarter. Intrua Financial LLC now owns 948,671 shares of the company’s stock worth $25,311,000 after acquiring an additional 70,493 shares during the period. Finally, BlueChip Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter valued at about $1,054,000.
PIMCO Multi Sector Bond Active ETF Stock Performance
NYSEARCA PYLD traded down $0.03 on Tuesday, reaching $26.00. The company’s stock had a trading volume of 2,548,095 shares, compared to its average volume of 3,889,723. The business has a 50-day moving average price of $26.21 and a 200 day moving average price of $26.35. 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.
Read More
- Five stocks we like better than PIMCO Multi Sector Bond Active ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).