Bank of New York Mellon Corp Increases Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Bank of New York Mellon Corp grew its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 2.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,160,272 shares of the company’s stock after buying an additional 57,068 shares during the period. Bank of New York Mellon Corp owned approximately 0.44% of PIMCO Multi Sector Bond Active ETF worth $56,599,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Morgan Stanley lifted its holdings 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 worth $456,647,000 after acquiring an additional 4,308,632 shares during the last quarter. Bank of America Corp DE increased its stake in PIMCO Multi Sector Bond Active ETF by 35.3% in the third quarter. Bank of America Corp DE now owns 15,573,447 shares of the company’s stock valued at $417,991,000 after acquiring an additional 4,059,150 shares during the last quarter. LPL Financial LLC raised 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 valued at $389,102,000 after purchasing an additional 3,727,898 shares in the last quarter. WCG Wealth Advisors LLC raised its position in PIMCO Multi Sector Bond Active ETF by 216.0% during 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 in the last quarter. Finally, Confluence Wealth Services Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $62,920,000.

PIMCO Multi Sector Bond Active ETF Stock Down 0.3%

Shares of PYLD stock opened at $26.09 on Friday. The business has a 50-day moving average price of $26.35 and a two-hundred day moving average price of $26.50. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 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.