Mutual Advisors LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 18.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 594,973 shares of the company’s stock after buying an additional 92,386 shares during the quarter. Mutual Advisors LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $15,874,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at about $2,408,000. Members Advisory Group LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at about $1,334,000. Riverchase Wealth Management LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 21.0% during the third quarter. Riverchase Wealth Management LLC now owns 493,419 shares of the company’s stock valued at $13,243,000 after acquiring an additional 85,673 shares during the last quarter. Castle Wealth Management LLC raised its stake in shares of PIMCO Multi Sector Bond Active ETF by 4.8% during the third quarter. Castle Wealth Management LLC now owns 566,849 shares of the company’s stock valued at $15,214,000 after acquiring an additional 26,047 shares during the last quarter. Finally, Great Point Wealth Advisors LLC bought a new position in shares of PIMCO Multi Sector Bond Active ETF during the third quarter valued at about $16,806,000.
PIMCO Multi Sector Bond Active ETF Stock Up 0.1%
Shares of NYSEARCA:PYLD opened at $26.45 on Friday. The company has a 50-day moving average price of $26.46 and a 200-day moving average price of $26.69. PIMCO Multi Sector Bond Active ETF has a 12 month low of $25.90 and a 12 month 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.
Recommended Stories
Want to see what other hedge funds are holding PYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report).
Receive News & Ratings for PIMCO Multi Sector Bond Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Multi Sector Bond Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
