Horizon Wealth Management LLC Reduces Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Horizon Wealth Management LLC cut its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 97.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,028 shares of the company’s stock after selling 2,173,148 shares during the period. Horizon Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $1,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of PYLD. Essex Financial Services Inc. raised its holdings in PIMCO Multi Sector Bond Active ETF by 17.1% during the 1st quarter. Essex Financial Services Inc. now owns 950,289 shares of the company’s stock valued at $24,898,000 after acquiring an additional 138,572 shares during the period. Barnes Pettey Financial Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth $432,000. Secured Retirement Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth $1,218,000. Acorn Financial Advisory Services Inc. ADV boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 32.6% in the first quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,506,547 shares of the company’s stock worth $39,472,000 after acquiring an additional 370,445 shares during the period. Finally, Family Investment Center Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 6.5% in the first quarter. Family Investment Center Inc. now owns 2,132,136 shares of the company’s stock valued at $55,862,000 after purchasing an additional 130,864 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Trading Down 0.7%

NYSEARCA:PYLD opened at $26.34 on Thursday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The business’s fifty day moving average is $26.40 and its 200 day moving average is $26.55.

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.