EverSource Wealth Advisors LLC Boosts Stake in PIMCO Multi Sector Bond Active ETF $PYLD

EverSource Wealth Advisors LLC increased its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 73.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 596,847 shares of the company’s stock after purchasing an additional 253,067 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $15,637,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Morgan Stanley grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 33.6% in the 4th quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after acquiring an additional 4,308,632 shares during the period. Bank of America Corp DE raised its holdings in PIMCO Multi Sector Bond Active ETF by 35.3% during the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock worth $417,991,000 after purchasing an additional 4,059,150 shares during the last quarter. LPL Financial LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 34.3% during the fourth 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 in the last quarter. WCG Wealth Advisors LLC grew its holdings in PIMCO Multi Sector Bond Active ETF by 216.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock valued at $93,013,000 after purchasing an additional 2,382,880 shares during the last quarter. Finally, Confluence Wealth Services Inc. acquired a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at $62,920,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD opened at $26.23 on Wednesday. The company has a 50-day moving average of $26.35 and a two-hundred day moving average of $26.49. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-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.