Journey Advisory Group LLC Invests $60.26 Million in PIMCO Multi Sector Bond Active ETF $PYLD

Journey Advisory Group LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,300,083 shares of the company’s stock, valued at approximately $60,262,000. PIMCO Multi Sector Bond Active ETF makes up approximately 5.1% of Journey Advisory Group LLC’s portfolio, making the stock its 2nd largest holding. Journey Advisory Group LLC owned about 0.47% of PIMCO Multi Sector Bond Active ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 24.9% during the first quarter. Geneos Wealth Management Inc. now owns 235,842 shares of the company’s stock worth $6,179,000 after purchasing an additional 47,089 shares during the period. SouthState Bank Corp grew its position in shares of PIMCO Multi Sector Bond Active ETF by 18.1% during the 1st quarter. SouthState Bank Corp now owns 43,397 shares of the company’s stock valued at $1,137,000 after buying an additional 6,664 shares during the last quarter. Sanctuary Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 26.8% during the first quarter. Sanctuary Advisors LLC now owns 824,553 shares of the company’s stock worth $21,603,000 after acquiring an additional 174,289 shares during the period. BlueChip Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $1,054,000. Finally, Sigma Planning Corp lifted its holdings in PIMCO Multi Sector Bond Active ETF by 198.3% in the first quarter. Sigma Planning Corp now owns 25,231 shares of the company’s stock worth $661,000 after acquiring an additional 16,774 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.35 on Thursday. The business has a 50 day moving average of $26.37 and a two-hundred day moving average of $26.53. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.92 and a 52 week 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.