Swisher Financial Concepts Inc. bought a new stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,254 shares of the company’s stock, valued at approximately $514,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Networth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $34,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $42,000. JFS Wealth Advisors LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $51,000. GGM Financials LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $54,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at about $67,000.
PIMCO Multi Sector Bond Active ETF Price Performance
NYSEARCA:PYLD opened at $26.49 on Monday. The stock’s 50-day simple moving average is $26.35 and its 200 day simple moving average is $26.61. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04.
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.
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