Riverchase Wealth Management LLC Has $17.11 Million Holdings in PIMCO Multi Sector Bond Active ETF $PYLD

Riverchase Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 18.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 653,106 shares of the company’s stock after acquiring an additional 101,446 shares during the quarter. PIMCO Multi Sector Bond Active ETF makes up approximately 8.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 3rd largest position. Riverchase Wealth Management LLC owned 0.14% of PIMCO Multi Sector Bond Active ETF worth $17,111,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its holdings in PIMCO Multi Sector Bond Active ETF by 33.6% in the fourth quarter. Morgan Stanley now owns 17,115,719 shares of the company’s stock worth $456,647,000 after purchasing an additional 4,308,632 shares during the period. Bank of America Corp DE raised its holdings in shares of 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 period. LPL Financial LLC raised its holdings in shares of 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 during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 340.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,200,786 shares of the company’s stock worth $85,685,000 after buying an additional 2,474,706 shares during the last quarter. Finally, WCG Wealth Advisors LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 216.0% in the 4th quarter. WCG Wealth Advisors LLC now owns 3,486,174 shares of the company’s stock worth $93,013,000 after buying an additional 2,382,880 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Up 0.2%

NYSEARCA PYLD opened at $26.44 on Wednesday. PIMCO Multi Sector Bond Active ETF has a one year low of $25.92 and a one year high of $27.04. The company has a 50-day simple moving average of $26.41 and a 200-day simple moving average of $26.56.

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.