46,783 PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Iams Wealth Management LLC

Iams Wealth Management LLC raised its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 46.2% during the third quarter, Holdings Channel.com reports. The firm owned 148,032 shares of the company’s stock after buying an additional 46,783 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 1.1% of Iams Wealth Management LLC’s holdings, making the stock its 20th largest holding. Iams Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $3,759,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PYLD. Mather Group LLC. acquired a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 3rd quarter worth about $30,000. GHP Investment Advisors Inc. purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the first quarter worth about $32,000. Cedar Mountain Advisors LLC purchased a new stake in shares of PIMCO Multi Sector Bond Active ETF during the second quarter worth about $38,000. PNC Financial Services Group Inc. raised its position in shares of 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 during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the third quarter valued at approximately $45,000.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $25.50 on Friday. The firm has a 50 day simple moving average of $25.82 and a 200-day simple moving average of $26.16. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.15 and a 1-year high of $27.04.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.