Mid American Wealth Advisory Group Inc. Has $12.66 Million Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Mid American Wealth Advisory Group Inc. increased its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 450.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 477,497 shares of the company’s stock after purchasing an additional 390,797 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up 4.6% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 6th largest position. Mid American Wealth Advisory Group Inc. owned 0.08% of PIMCO Multi Sector Bond Active ETF worth $12,663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE raised 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 worth $604,905,000 after purchasing an additional 4,896,498 shares in the last quarter. Morgan Stanley grew its position 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 buying an additional 4,308,632 shares during the last quarter. LPL Financial LLC grew its position 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 buying an additional 3,727,898 shares during the last quarter. Ocean Park Asset Management LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $87,004,000. Finally, WCG Wealth Advisors LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 216.0% during the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after acquiring an additional 2,382,880 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.03 on Friday. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week high of $27.04. The firm has a 50 day moving average of $26.22 and a 200 day moving average of $26.36.

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.