Tidal Investments LLC Grows Stake in PIMCO Multi Sector Bond Active ETF $PYLD

Tidal Investments LLC increased its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 15.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 431,764 shares of the company’s stock after acquiring an additional 58,736 shares during the period. Tidal Investments LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $11,450,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PYLD. Bank of America Corp DE lifted its holdings in PIMCO Multi Sector Bond Active ETF by 26.9% in the first quarter. Bank of America Corp DE now owns 23,087,966 shares of the company’s stock valued at $604,905,000 after acquiring an additional 4,896,498 shares during the period. Morgan Stanley increased its position in shares of PIMCO Multi Sector Bond Active ETF by 33.6% during the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock valued at $456,647,000 after purchasing an additional 4,308,632 shares during the last quarter. LPL Financial LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 34.3% in 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 lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 16.2% in the 1st quarter. Sequoia Financial Advisors LLC now owns 10,994,877 shares of the company’s stock worth $288,066,000 after purchasing an additional 1,535,071 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 8.8% in the fourth quarter. HighTower Advisors LLC now owns 9,267,689 shares of the company’s stock worth $247,262,000 after buying an additional 751,426 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $25.78 on Friday. The firm has a 50 day moving average of $26.17 and a 200 day moving average of $26.33. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.77 and a 12-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.