PIMCO Multi Sector Bond Active ETF $PYLD Shares Purchased by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC raised its holdings in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 17.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,049,826 shares of the company’s stock after purchasing an additional 152,795 shares during the quarter. PIMCO Multi Sector Bond Active ETF accounts for 6.2% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 2nd largest position. Bridgewealth Advisory Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $28,009,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of PYLD. Networth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $42,000. JFS Wealth Advisors LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $51,000. GGM Financials LLC acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 4th quarter valued at approximately $54,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 3rd quarter valued at approximately $67,000.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $26.35 on Wednesday. PIMCO Multi Sector Bond Active ETF has a fifty-two week low of $25.91 and a fifty-two week high of $27.04. The business has a 50 day moving average price of $26.40 and a two-hundred day moving average price of $26.66.

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. PYLD was launched on Jun 21, 2023 and is managed by PIMCO.