PIMCO Multi Sector Bond Active ETF $PYLD is Stokes Capital Advisors LLC’s Largest Position

Stokes Capital Advisors LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 35.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 688,346 shares of the company’s stock after acquiring an additional 179,493 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 4.0% of Stokes Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Stokes Capital Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $18,035,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Waterway Wealth Management LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 11.7% during the 1st quarter. Waterway Wealth Management LLC now owns 1,643,428 shares of the company’s stock valued at $41,476,000 after acquiring an additional 172,599 shares during the period. GHP Investment Advisors Inc. purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at about $32,000. Falcon Wealth Planning raised its holdings in PIMCO Multi Sector Bond Active ETF by 12.3% in the 1st quarter. Falcon Wealth Planning now owns 2,368,640 shares of the company’s stock worth $62,058,000 after purchasing an additional 259,309 shares during the period. Independent Wealth Network Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF in the 1st quarter worth about $508,000. Finally, Grey Ledge Advisors LLC boosted its position in PIMCO Multi Sector Bond Active ETF by 23.1% during the first quarter. Grey Ledge Advisors LLC now owns 471,280 shares of the company’s stock worth $12,348,000 after purchasing an additional 88,457 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.52 on Friday. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.92 and a 12 month high of $27.04. The stock’s 50 day moving average is $26.41 and its two-hundred day moving average is $26.56.

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.