Immaculate Wealth Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) during the first quarter, Holdings Channel.com reports. The fund purchased 79,719 shares of the company’s stock, valued at approximately $2,089,000. PIMCO Multi Sector Bond Active ETF accounts for 16.5% of Immaculate Wealth Management LLC’s investment portfolio, making the stock its biggest holding.
Several other hedge funds have also made changes to their positions in the business. Cornerstone Financial Management LLC purchased a new position in shares of PIMCO Multi Sector Bond Active ETF in the fourth quarter valued at approximately $28,000. GHP Investment Advisors Inc. purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth approximately $32,000. O Shaughnessy Asset Management LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Networth Advisors LLC purchased a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter worth approximately $34,000. Finally, PNC Financial Services Group Inc. lifted its holdings in PIMCO Multi Sector Bond Active ETF by 757.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,500 shares of the company’s stock worth $39,000 after buying an additional 1,325 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Trading Down 0.2%
PIMCO Multi Sector Bond Active ETF stock opened at $26.15 on Friday. PIMCO Multi Sector Bond Active ETF has a 52-week low of $25.92 and a 52-week high of $27.04. The company’s 50 day moving average is $26.34 and its two-hundred day moving average is $26.48.
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.
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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).
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