Parr Mcknight Wealth Management Group LLC raised its stake in PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD – Free Report) by 15.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 288,835 shares of the company’s stock after purchasing an additional 39,574 shares during the period. PIMCO Multi Sector Bond Active ETF accounts for about 1.0% of Parr Mcknight Wealth Management Group LLC’s holdings, making the stock its 22nd biggest position. Parr Mcknight Wealth Management Group LLC’s holdings in PIMCO Multi Sector Bond Active ETF were worth $7,567,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its position in shares of PIMCO Multi Sector Bond Active ETF by 2,445.5% during the 1st quarter. International Assets Investment Management LLC now owns 2,571 shares of the company’s stock worth $67,000 after buying an additional 2,470 shares during the last quarter. Valmark Advisers Inc. grew its position in shares of PIMCO Multi Sector Bond Active ETF by 52.1% in the 1st quarter. Valmark Advisers Inc. now owns 23,691 shares of the company’s stock valued at $621,000 after buying an additional 8,112 shares during the last quarter. Castle Wealth Management LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 6.5% during the 1st quarter. Castle Wealth Management LLC now owns 646,663 shares of the company’s stock worth $16,943,000 after acquiring an additional 39,193 shares in the last quarter. Fifth Third Bancorp acquired a new stake in PIMCO Multi Sector Bond Active ETF during the 1st quarter worth $3,287,000. Finally, EQ Wealth Advisors LLC raised its stake in PIMCO Multi Sector Bond Active ETF by 11.4% during the 1st quarter. EQ Wealth Advisors LLC now owns 663,936 shares of the company’s stock worth $17,395,000 after acquiring an additional 68,065 shares in the last quarter.
PIMCO Multi Sector Bond Active ETF Price Performance
Shares of PYLD opened at $26.30 on Monday. PIMCO Multi Sector Bond Active ETF has a 1-year low of $25.92 and a 1-year high of $27.04. The firm has a fifty day moving average price of $26.38 and a 200 day moving average price of $26.54.
About PIMCO Multi Sector Bond Active ETF
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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