PIMCO Multi Sector Bond Active ETF $PYLD Shares Bought by GeoWealth Management LLC

GeoWealth Management LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 39.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,444,498 shares of the company’s stock after buying an additional 409,080 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for approximately 1.5% of GeoWealth Management LLC’s investment portfolio, making the stock its 14th biggest holding. GeoWealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $38,337,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in PYLD. EverSource Wealth Advisors LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 67.8% during the second quarter. EverSource Wealth Advisors LLC now owns 280,615 shares of the company’s stock worth $7,448,000 after purchasing an additional 113,402 shares during the last quarter. Trek Financial LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 36.0% during the 2nd quarter. Trek Financial LLC now owns 11,445 shares of the company’s stock worth $304,000 after buying an additional 3,031 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 2nd quarter worth approximately $3,709,000. WCG Wealth Advisors LLC boosted its holdings in shares of PIMCO Multi Sector Bond Active ETF by 35.5% in the 2nd quarter. WCG Wealth Advisors LLC now owns 1,210,832 shares of the company’s stock valued at $32,135,000 after buying an additional 317,351 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC grew its position in shares of PIMCO Multi Sector Bond Active ETF by 7.1% in the 2nd quarter. Advocacy Wealth Management Services LLC now owns 3,225,583 shares of the company’s stock valued at $85,607,000 after buying an additional 214,363 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Price Performance

Shares of PYLD opened at $26.80 on Friday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.42 and a 1-year high of $27.04. The firm has a fifty day moving average price of $26.81 and a 200 day moving average price of $26.57.

PIMCO Multi Sector Bond Active ETF Company 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.