PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) Shares Purchased by Castle Wealth Management LLC

Castle Wealth Management LLC grew its holdings in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 5.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 510,724 shares of the company’s stock after purchasing an additional 25,590 shares during the period. PIMCO Multi Sector Bond Active ETF comprises approximately 5.3% of Castle Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Castle Wealth Management LLC owned approximately 0.28% of PIMCO Multi Sector Bond Active ETF worth $13,458,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PYLD. Bank of America Corp DE grew its position in shares of PIMCO Multi Sector Bond Active ETF by 805,843.9% in the 4th quarter. Bank of America Corp DE now owns 3,175,419 shares of the company’s stock valued at $82,307,000 after acquiring an additional 3,175,025 shares during the period. GR Financial Group LLC acquired a new position in shares of PIMCO Multi Sector Bond Active ETF in the 1st quarter valued at approximately $83,299,000. LPL Financial LLC lifted its stake in PIMCO Multi Sector Bond Active ETF by 89.7% during the fourth quarter. LPL Financial LLC now owns 4,107,280 shares of the company’s stock worth $106,461,000 after purchasing an additional 1,941,964 shares during the last quarter. Advance Capital Management Inc. bought a new stake in shares of PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $49,876,000. Finally, Fragasso Financial Advisors Inc bought a new position in shares of PIMCO Multi Sector Bond Active ETF in the first quarter worth about $48,718,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of PIMCO Multi Sector Bond Active ETF stock opened at $26.42 on Thursday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.42 and a fifty-two week high of $26.70. The company’s 50 day moving average price is $26.15 and its two-hundred day moving average price is $26.11.

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.