Golden State Wealth Management LLC Raises Stock Holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD)

Golden State Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 124.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,846 shares of the company’s stock after acquiring an additional 18,769 shares during the quarter. Golden State Wealth Management LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $892,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PYLD. Retirement Planning Group LLC raised its position in PIMCO Multi Sector Bond Active ETF by 19.2% in the 1st quarter. Retirement Planning Group LLC now owns 4,489,336 shares of the company’s stock valued at $118,294,000 after purchasing an additional 722,451 shares during the last quarter. LPL Financial LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF by 89.7% in the fourth quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock valued at $106,461,000 after buying an additional 1,941,964 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 805,843.9% during the fourth quarter. Bank of America Corp DE now owns 3,175,419 shares of the company’s stock worth $82,307,000 after buying an additional 3,175,025 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of PIMCO Multi Sector Bond Active ETF by 15.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 2,986,289 shares of the company’s stock worth $77,405,000 after buying an additional 402,502 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of PIMCO Multi Sector Bond Active ETF by 42.5% during the fourth quarter. NewEdge Advisors LLC now owns 2,665,476 shares of the company’s stock worth $69,089,000 after buying an additional 795,467 shares during the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PYLD stock opened at $26.45 on Thursday. The stock’s 50-day moving average price is $26.09 and its 200 day moving average price is $26.10. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.42 and a 52-week high of $26.70.

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.