PIMCO Multi Sector Bond Active ETF $PYLD Stock Bought by Cardinal Point Capital Management ULC

Cardinal Point Capital Management ULC increased its position in shares of PIMCO Multi Sector Bond Active ETF (NYSEARCA:PYLD) by 7.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,362,834 shares of the company’s stock after acquiring an additional 94,518 shares during the period. PIMCO Multi Sector Bond Active ETF makes up about 1.9% of Cardinal Point Capital Management ULC’s holdings, making the stock its 15th biggest position. Cardinal Point Capital Management ULC owned 0.21% of PIMCO Multi Sector Bond Active ETF worth $34,602,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. EnRich Financial Partners LLC raised its position in shares of PIMCO Multi Sector Bond Active ETF by 1.6% in the third quarter. EnRich Financial Partners LLC now owns 988,437 shares of the company’s stock worth $25,096,000 after buying an additional 15,299 shares in the last quarter. Mid American Wealth Advisory Group Inc. boosted its stake in PIMCO Multi Sector Bond Active ETF by 21.9% during the third quarter. Mid American Wealth Advisory Group Inc. now owns 581,907 shares of the company’s stock valued at $14,775,000 after buying an additional 104,410 shares during the period. Magnus Financial Group LLC purchased a new position in PIMCO Multi Sector Bond Active ETF during the third quarter worth about $260,000. Axxcess Wealth Management LLC grew its position in PIMCO Multi Sector Bond Active ETF by 8.7% during the third quarter. Axxcess Wealth Management LLC now owns 36,308 shares of the company’s stock worth $922,000 after buying an additional 2,911 shares in the last quarter. Finally, Stillwater Wealth Management Group grew its position in PIMCO Multi Sector Bond Active ETF by 68.7% during the third quarter. Stillwater Wealth Management Group now owns 22,095 shares of the company’s stock worth $561,000 after buying an additional 8,995 shares in the last quarter.

PIMCO Multi Sector Bond Active ETF Stock Performance

Shares of NYSEARCA PYLD opened at $25.46 on Thursday. The stock’s 50-day simple moving average is $25.76 and its two-hundred day simple moving average is $26.14. PIMCO Multi Sector Bond Active ETF has a twelve month low of $25.15 and a twelve month high of $27.04.

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.