PIMCO Multi Sector Bond Active ETF $PYLD is Gateway Wealth Partners LLC’s 10th Largest Position

Gateway Wealth Partners LLC boosted its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 101.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,038,649 shares of the company’s stock after acquiring an additional 523,665 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.1% of Gateway Wealth Partners LLC’s portfolio, making the stock its 10th largest holding. Gateway Wealth Partners LLC owned approximately 0.21% of PIMCO Multi Sector Bond Active ETF worth $27,213,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PYLD. Cornerstone Financial Management LLC bought a new position in PIMCO Multi Sector Bond Active ETF during the fourth quarter worth about $28,000. GHP Investment Advisors Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF in the first quarter valued at approximately $32,000. Networth Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $34,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $34,000. Finally, PNC Financial Services Group Inc. boosted its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after buying an additional 1,325 shares during the period.

PIMCO Multi Sector Bond Active ETF Stock Performance

PIMCO Multi Sector Bond Active ETF stock opened at $26.11 on Monday. The firm has a 50 day simple moving average of $26.35 and a 200 day simple moving average of $26.50. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year 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.