Independent Financial Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 77,908 shares of the company’s stock, valued at approximately $2,041,000.
A number of other institutional investors have also recently made changes to their positions in PYLD. Dahring Cusmano LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 5.4% in the first quarter. Dahring Cusmano LLC now owns 718,752 shares of the company’s stock valued at $18,831,000 after buying an additional 36,997 shares during the period. Birchwood Financial Partners Inc. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 154.4% in the first quarter. Birchwood Financial Partners Inc. now owns 5,375 shares of the company’s stock worth $141,000 after acquiring an additional 3,262 shares during the period. Quartz Partners LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 89.2% in the first quarter. Quartz Partners LLC now owns 53,717 shares of the company’s stock worth $1,407,000 after acquiring an additional 25,322 shares during the period. D.A. Davidson & CO. lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 9.9% in the first quarter. D.A. Davidson & CO. now owns 1,088,644 shares of the company’s stock worth $28,522,000 after acquiring an additional 98,039 shares during the period. Finally, Sharpepoint LLC boosted its holdings in PIMCO Multi Sector Bond Active ETF by 7.4% in the first quarter. Sharpepoint LLC now owns 241,591 shares of the company’s stock valued at $6,330,000 after acquiring an additional 16,730 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
NYSEARCA:PYLD opened at $26.28 on Friday. The company has a 50 day simple moving average of $26.36 and a two-hundred day simple moving average of $26.52. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.92 and a fifty-two 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.
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