Pasadena Private Wealth LLC Buys 20,017 Shares of PIMCO Multi Sector Bond Active ETF $PYLD

Pasadena Private Wealth LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 609,331 shares of the company’s stock after purchasing an additional 20,017 shares during the quarter. PIMCO Multi Sector Bond Active ETF comprises 2.2% of Pasadena Private Wealth LLC’s holdings, making the stock its 11th largest holding. Pasadena Private Wealth LLC owned 0.14% of PIMCO Multi Sector Bond Active ETF worth $16,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Networth Advisors LLC bought a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter valued at about $34,000. Legacy Wealth Managment LLC ID purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $42,000. JFS Wealth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $51,000. GGM Financials LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $54,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $67,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.2%

PIMCO Multi Sector Bond Active ETF stock opened at $26.46 on Friday. The stock has a 50-day moving average of $26.35 and a two-hundred day moving average of $26.62. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year 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.