Modern Wealth Management LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 53.4% during the first quarter, HoldingsChannel.com reports. The firm owned 106,083 shares of the company’s stock after purchasing an additional 36,932 shares during the period. Modern Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $2,775,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $28,000. GHP Investment Advisors Inc. acquired a new position in PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. Networth Advisors LLC acquired a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $34,000. O Shaughnessy Asset Management LLC purchased a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at about $34,000. Finally, PNC Financial Services Group Inc. increased its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% in the first quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock valued at $39,000 after buying an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Up 0.1%
PYLD stock opened at $26.11 on Friday. The firm has a 50 day moving average of $26.35 and a 200-day moving average of $26.50. PIMCO Multi Sector Bond Active ETF has a 12-month low of $25.92 and a 12-month high of $27.04.
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.
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Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
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