Welch Group LLC Grows Stock Position in PIMCO Multi Sector Bond Active ETF $PYLD

Welch Group LLC lifted its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 3.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 758,878 shares of the company’s stock after buying an additional 23,857 shares during the quarter. Welch Group LLC owned approximately 0.16% of PIMCO Multi Sector Bond Active ETF worth $19,883,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new position in PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $28,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $32,000. O Shaughnessy Asset Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $34,000. Networth Advisors LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $34,000. Finally, Legacy Wealth Managment LLC ID purchased a new position in shares of PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $42,000.

PIMCO Multi Sector Bond Active ETF Trading Up 0.1%

PYLD opened at $26.55 on Friday. The firm has a fifty day moving average price of $26.41 and a 200 day moving average price of $26.56. PIMCO Multi Sector Bond Active ETF has a 1 year low of $25.92 and a 1 year 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.