Canvas Wealth Advisors LLC bought a new stake in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 71,930 shares of the company’s stock, valued at approximately $1,843,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Asset One Wealth Management LLC increased its stake in shares of PIMCO Multi Sector Bond Active ETF by 656.5% during the third quarter. Asset One Wealth Management LLC now owns 180,974 shares of the company’s stock valued at $4,595,000 after acquiring an additional 157,050 shares during the period. Birchwood Financial Partners Inc. increased its holdings in shares of PIMCO Multi Sector Bond Active ETF by 72.4% in the 3rd quarter. Birchwood Financial Partners Inc. now owns 19,096 shares of the company’s stock valued at $485,000 after purchasing an additional 8,017 shares during the period. Westside Investment Management Inc. grew its stake in PIMCO Multi Sector Bond Active ETF by 550.8% in the third quarter. Westside Investment Management Inc. now owns 8,135 shares of the company’s stock valued at $207,000 after purchasing an additional 6,885 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 14.2% during the 3rd quarter. Kestra Advisory Services LLC now owns 956,161 shares of the company’s stock worth $24,277,000 after purchasing an additional 118,753 shares in the last quarter. Finally, Quadcap Wealth Management LLC lifted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 6.4% during the 3rd quarter. Quadcap Wealth Management LLC now owns 319,829 shares of the company’s stock valued at $8,120,000 after buying an additional 19,321 shares during the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PIMCO Multi Sector Bond Active ETF stock remained flat at $25.65 during trading on Friday. The stock had a trading volume of 5,265,490 shares, compared to its average volume of 4,564,667. The business’s fifty day moving average is $25.62 and its two-hundred day moving average is $26.22. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.15 and a fifty-two week high of $26.95.
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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