SlateStone Wealth LLC Takes Position in PIMCO Multi Sector Bond Active ETF $PYLD

SlateStone Wealth LLC acquired a new position in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 68,437 shares of the company’s stock, valued at approximately $1,816,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PYLD. Cozad Asset Management Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 14.7% during the first quarter. Cozad Asset Management Inc. now owns 31,470 shares of the company’s stock valued at $829,000 after purchasing an additional 4,040 shares in the last quarter. Cherrydale Wealth Management LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 8.5% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 136,523 shares of the company’s stock valued at $3,623,000 after purchasing an additional 10,748 shares during the period. CWM LLC lifted its stake in shares of PIMCO Multi Sector Bond Active ETF by 216.3% during the 2nd quarter. CWM LLC now owns 1,336,115 shares of the company’s stock valued at $35,461,000 after buying an additional 913,640 shares in the last quarter. MBL Wealth LLC bought a new position in PIMCO Multi Sector Bond Active ETF in the 2nd quarter worth $6,989,000. Finally, Truist Financial Corp boosted its holdings in PIMCO Multi Sector Bond Active ETF by 41.9% in the 2nd quarter. Truist Financial Corp now owns 195,573 shares of the company’s stock worth $5,191,000 after buying an additional 57,786 shares during the period.

PIMCO Multi Sector Bond Active ETF Price Performance

NYSEARCA:PYLD opened at $26.82 on Tuesday. The business’s 50-day simple moving average is $26.81 and its two-hundred day simple moving average is $26.53. PIMCO Multi Sector Bond Active ETF has a 52 week low of $25.42 and a 52 week 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.